NIFTY FUTURES UPDATE (DEC 10)

 

Yesterday, as expected in the downside, Nifty futures, opened below 8500, traded below the level for 30 minutes, reached upto our third target of 8430 effortlessly and went even beyond that to register a low of 8383

Trying our ‘FREE ATM’ or not friends?

And also we have been continuously warning about the GAPS to filled in Nifty Futures below the current level – 

You all watching now the happenings slowly….! 

Very important intraday resistance today @ 8418 

If and only if, sustains above 8418 for 30 minutes 

it would have an hike upto 8440 – 50

Otherwise, if opened normal and trades below 8412 for 15-30 minutes  see a slide upto 8374 - 50

Never ever go LONG below 8414

INTRADAY RESISTANCES @ 8419 – 8443 – 53

INTRADAY SUPPORTS   @ 8370 – 47

Trade very carefully with the above mentioned time and levels.

ALL THE BEST

(By the time this post was updated 

S&P CNX Nifty Futures was trading @ 8356)

WE REPEAT THIS WARNING EVEN TODAY

When would Nifty going to fill those FOUR GAPS 

still below the current level?

One @ 8185; second @ 8040; third @ 7947 and the other @ 7814

DISCLAIMER 

THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.