Nifty Futures Trading Analysis – 11Jun2019

nifty-futures-daily-chart-analysis-11jun2019

Nifty Futures are safe for long positions above 11,800 for Target 12,500.
Below 11,800 we can see rapid weakness and selling pressure till 11,300.

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Nifty Futures Trading Analysis – 31Jan2019

nifty-futures-15min-chart-analysis-31jan2019

Nifty Futures did not break their 20 SMA line on 15 min chart the whole day, which is very bullish. As soon as they bounced back from the testing at 10,780 level today morning, that was a good opportunity to create fresh long positions with Nifty futures.

Today, Nifty has crossed its 200 day SMA in good style, and it should help further upmove. Nifty was trying to attempt a fresh break out above 11,000 level which not been successful in the last 4 attempts in the last 2 months. The Union Budget on 01 Feb 2019 may give Nifty a chance to do that breakout, or do a break down!

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Nifty Futures Trading Analysis – 21Nov2017

nifty-futures-daily-chart-analysis-21nov2017

Nifty futures have bounced back nicely from their support level at 10,130 and they have also successfully crossed the downtrend resistance line at 10,220. Therefore Nifty futures can now go and retest the levels of 10,500.

[Bonus Trade] Buy Nifty Futures at 10,350 for Target 10,480 and Stop Loss 10,230.

Nifty futures rally in Oct 2017 was impressive, and the futures may retest 10,130 level on any weakness coming from S&P500 index or local events like Gujarat elections.

Nifty futures are likely to become volatile below 10,200 level, and below 10,130, they will almost immediately test 9900-10,000 level. Large traders can hold Dec 9800 put options as a protection for their long positions.

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