Thursday, October 6, 2016

Nifty Trends and Levels for October 7

Nifty Trends and Levels for October 7


Updated for-Oct/07/2016
Nifty closed on a negative note at 8709. So today on upside first intra resistance is at 8735-40 level.
Next resistance is at 8762-67,8806-11,8830-35,8855-60,8892-97,8925-30,8952-57,9015-20,9043-48,9090-95,9135-40,9158-63 level.
On downside first support is at 8683-78 level.
Next support is at 8656-51,8612-07,8588-83,8564-59,8528-23,8487-82,8430-26,8347-42,8325-20,8274-70,8235-30,8190-85,8145-40,8128-24,8075-70,8028-23,7997-93,7953-48,7920-15,7881-76,7843-38,7800-97,7760-56,7736-31,7702-97,7679-75,7635-30,7578-73 level.
Market slightly back in bull zone. So today for intraday on upside intra resistance are at 8740 and 8767 level and On downside be alert below 8678 and avoid all intraday longs below 8651 level as selling may intensify below that level


NIFTY INTRADAY LEVEL
NIFTY PROBABLE HIGH
NIFTY PROBABLE LOW
R4
8815
BULL
8851
8631
R3
8771
UP BREAKOUT
8796
8686
R2
8755
UP CAUTION
LEVEL FOR LONG
LEVEL FOR SHORT
R1
8745
SELL
8791
8717
PIVOT
8725

LAST DAY
BEAR WITH LV
S1
8674
BUY
OPEN
8769
S2
8664
DOWN CAUTION
HIGH
8781.0
S3
8648
DOWN BREAK OUT
LOW
8685.0
S4
8604
BEAR
CLOSE
8709.55
NIFTY MONTHLY LEVEL
NIFTY DAILY VOLATALITY
1.11%
R2
6082
LONG
NIFTY WEEKLY VOLATALITY
2.95%
R1
5976
SHORT EXIT
NIFTY WEEKLY HIGH
8807.0
S1
5765
LONG EXIT
NIFTY WEEKLY LOW
8555.0
S2
5659
SHORT
NIFTY DAY MEAN
8681

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