Wednesday, December 24, 2014

NIFTY FUTURES UPDATE (DEC 26)




On Wednesday, as perfectly predicted early market hours
Nifty Futures after having traded below our mentioned level of 8272 for 30 minutes, within few minutes reached the downside target of 8224 and even more to fill the (first downside) 
GAP @ 8180


BEWARE of three more gaps pending below the current levels
One @ 8060; Second @ 7947 and the third @ 7818)

Each & every day we have been warning this..! 
(Day before) yesterday one GAP was filled.
Below all these there exists another gap @ 7612



Today if opened & trades above 8184 for 30 minutes

It would hit 8213

And above 8217 it should sustain atleast for 30 minutes
to have an hike upto 8237-44

Otherwise in a normal opening if opens & trades below
8193 for 30 minutes and cuts 8183 see a slide upto 8165 - 48

INTRADAY RESISTANCES @ 8218 – 8238-45
INTRADAY SUPPORTS   @ 8165 – 47

Trade very carefully with the above mentioned time and levels.

ALL THE VERY BEST

(By the time this post was updated 
S&P CNX Nifty Futures was trading @ 8292 )











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