Nifty March future on the hourly charts is in positional buy mode since the interim budget 2014 event and currently the support zone comes near 6192. Reverse your position to positional shorts only if the support breaks on the hourly charts. Bank nifty turned to the positional buy mode recently on 24th Feb and currently resistance zone comes around 10595. Reverse your position to sell mode if the support breaks on the lower side
Related Readings and Observations
State of the Market : May Expiry Overview The Nifty Futures and Bank Nifty Futures continued to move up last week, gaining 2.2% and 1.0% respectively on close. And Bank Nifty is relatively under-performing in the recent uptrend. […]
Nifty and Bank Nifty Futures Positional Trend Update Nifty Futures continues its positions sell mode right from 24th September onwards and currently the resistance zone comes around 7997 .Reverse your position to positional buy mode if the […]
Nifty and Bank Nifty Hourly Index Charts – Outlook Nifty and Banknifty hourly Index(spot) chart turned to positional buy mode on the hourly charts and currently the support comes around 6736 and 12785 respectively. Reverse your position to […]
Nifty and Bank Nifty Future April Overview – II Currently nifty maintains the positional buy mode on the hourly charts with support zone comes around 6711. Reverse your position to positional sell mode if the support breaks on the […]
Nifty and Bank Nifty Future April Overview – I Nifty and Bank Nifty April futures in position buy mode on the hourly charts currently the support comes around 6660 and 12622 respectively. Reverse you position to positional sell mode if […]
Nifty and Bank Nifty Futures February Expiry Overview Nifty February future on the hourly charts is in positional buy mode since the interim budget 2014 event and currently the support zone comes near 6116. Reverse your position to positional […]
BALA says
February 26, 2014 at 2:47 pmIs it possible to include in the above chart,volume.PSAR,MACD and Stoc signals. Thanks
Rajandran R says
February 26, 2014 at 4:21 pmtoo much of signals lead to confusion.
bala says
February 26, 2014 at 5:03 pmThanks