Nifty Futures analysis for 13-06-2018

nf130618-60min
Nifty Future 60-Min Chart

The Nifty Future made a high of 10849.9 before closing at 10839.05. The Put Call ratio is at 1.3, indicating that the Put option writers are more aggressive in writing put options and therefore they expect the rally on the upside to continue further. The Nifty Future has supports at 10831 and 10815 and resistance at 10861-10864 region.

The day traders can buy it above 10831 with a stop loss of 10809 for the target of 10861 and 10892 and sell it below 10811 with a stop loss of 10832 for the target of 10782 and 10751.

The positional traders holding long position can shift the stop loss from 10760 to 10778.

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Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

Nifty Futures analysis for 12-06-2018

nf120618
Nifty Future 60-min Chart

The Nifty Future opened with a gap up and reached a high of 10835 before shredding some gains, to close at 10785.8. It has a crucial resistance at 10803 and once crossed can take it up to 10840 and 10860 levels. It has the supports at 10760,10740 and 10725. The Put Call ratio of 1.24 suggests the mildly bullish trend.

The Day traders can buy it above 10803 with a stop loss of 10785 for the target of 10840 and 10860 and sell it below 10785 with a stop loss of 10803 for the target of 10741 and 10725 and 10691.

The positional trader can buy it above 10803 with a stop loss of 10759  for the target of 10948. I am not recommending any sell-side trade as the risk-reward ratio does not favor it.

Email comments or questions to vinayagrawal1411@gmail.com

Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

 

Nifty Futures analysis for 11-06-2018

Daily 110618
Nifty Future Daily Chart

The Nifty Future moved in a narrow range and made a low of 10691 and filled the gap which it created a day before. It retraced approximately 61.8% of the fall from 10967.9 to the low of 10408.55 and has the potential to go up to 10842.

The Day traders can buy it above 10741 with a stop loss of 10719 for the target of 10842 and sell it below 10718 with a stop loss of 10741 for the target of 10671 and 10638.

The positional traders can sell it below 10671 with a stop loss of 10731 for the target of 10539 and 10410.

Email comments or questions to vinayagrawal1411@gmail.com

Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

Nifty Futures analysis for 09-05-2018

nf090518
Nifty Future Daily Chart

Nifty Future continues to trade just above its resistance of 10731 but does not have any momentum to rally upward decisively. At the same time, it is not breaking its supports at 10697,10640. It is not providing any trading opportunity yet. Wait for the clear trend to emerge before we take any trade in it.

Email comments or questions to vinayagrawal1411@gmail.com

Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

Contact Nifty Futures analysis for 07-05-2018

nddaily070518
Nifty Future Daily Chart

Nifty Future declined and took support at 10640 on Friday. It retraced just above 61.8%  of its decline from 11185.6 to 9960 and reversed to close at 10658.7, below its important support of 10697. It has the supports at 10640,10605 and 10589 and resistance at 10697,10714 and 10731. With the cluster of supports and resistance very near to its close on Friday, it does not provide a good trading opportunity until broken on either side. The Stochastic Oscillator and the RSI on the daily chart indicate the possibility of a further decline.

Email comments or questions to vinayagrawal1411@gmail.com

Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

Nifty Futures analysis for 04-05-2018

nfdaily040518
Nifty Future Daily Chart

Nifty Future has multiple supports between 10695 and 10705 and has resistance at 10731 and 10785.The support of 10695, if broken, can take it to 10640 and 10605.5.If 10731 is crossed then it may go up to 10785 and 10840 levels.The status of the Stochastic oscillator and the RSI indicates that it is poised for the decline and may correct the advance from the low of 9960 to the high of 10787.95 before resuming its uptrend.

Email comments or questions to vinayagrawal1411@gmail.com

Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

Nifty Futures analysis for 03-05-2018

nf030518
Nifty Future Daily Chart

Nifty Future has the crucial support at 10731 and the critical support at 10697 for this settlement.A break of 10697 on closing basis can take it to 10605 which is the last support for the bulls to sustain this rally higher.The resistance is at 10785 and 10843 for this settlement.If 10843 is crossed the chances of it making a new high above 11185.6 increases significantly.

I am not giving any trade today.But based on the above you can trade looking at the supports and resistance levels.

Email comments or questions to vinayagrawal1411@gmail.com

Disclaimer:
Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.