Market Outlook :
-Nifty Futures Trend Deciding level is 8684 (Intraday Traders,
NF Trend Changer Level 8580 (Positional Traders)
-option writers do not expect 8500 to break next month
-call writing resistance at 9000 (AUG series)
-Nifty Futures Trend Deciding level is 8684 (Intraday Traders,
NF Trend Changer Level 8580 (Positional Traders)
-Nifty High made today was 8675 , so gann number of 8577 again showed its
importance as we got the desired move till 8677. Bulls will need to close above
8677, gann arc tomorrow as its monthly closing and nifty can make next move
till 8800/8951. Bearish only on close below 8490 and bullish on close above
8677
-markets close at highest level this year
-holding 8500 will be bullish in AUG-option writers do not expect 8500 to break next month
-call writing resistance at 9000 (AUG series)
Nifty Level future
| |||
Up ↑
|
8760
|
8720
|
8695
|
Down ↓
|
8660
|
8640
|
8600
|
Action
|
SL
|
TGT
| |
Buy above
|
8680
|
8645
|
8750
|
Sell below
|
8590
|
8625
|
8520
|
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