03rd Dec 2019 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 31921.35

BankniftyFuture saw a selling pressure on Yesterday’s trade…. ICICIBANK, SBIN and HDFCBank seems profit booking.

Today BNF is facing a intraday resistance at 31980, 32030 and 32150

Above levels are crucial for today’s trade!!……… If rise can sell!!

Today BNF can be considered as supports as 31830 and 31750

Thereafter will try to check around 31600……… Don’t short at very lower levels!

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Updated : 08.55 AM / 03rd Dec 2019

02nd Dec 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 12099.85

On Friday, NiftyFuture saw a profit booking and bounced almost 50 pts in last 1 hour trade

After market hours came GDP data @ 4.5%…… Already over the fear on Friday’s trade!!

NF made a high of 12174.90 then slide up to 12051……Again went up to 12100

Dow Fut trades in green up 100 points….. Asian markets are higher

FIIs sold 1892 cr worth of stocks in cash segment whereas DIIs bought 953 cr of stocks

FIIs sold 2003 cr of index future and bought 1503 cr of index options

Something cooking FIIs figure……. After long time thery sold huge in both segment

While updating SGXNifty were trading almost flat only

 Today NiftyFuture is expected to open at flattish note

 Likely to witness volatile trade will be expected during the day

  Today NiftyFuture is facing a intraday resistance at 12120 and 12135

If breaks and holds above 12135…… Finding a next resistance around 12170

 Today NF can be considered as supports as 12070,12050 and 12025

 Can buy at every decline and keep a stop of supports

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Updated : 08.54 AM / 02nd Dec 2019

02nd Dec 2019 #BankniftyFuture Intraday Levels

BankniftyFuture Last Close : 32003.85

RBI Policy on Thursday…….. Hope RBI will cut interest rate from 5.15% to 4.9%

Today BNF is facing a intraday resistance at 32090 and 32185

Above 32185……… Will show more power

Today BNF can be considered as supports as 31900 and 31820

Buy at decline……….

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CUB stock finding a strong breakout at 227

Stock if holds above the level…….. Expecting more up side 233-237

Watch 277

Updated : 08.41 AM / 02nd Dec 2019

02nd Dec 2019 Hot Stocks & Stocks To Watch

TATAGLOBAL

(Last close : 323.15)

TATAGLOBAL has broken trend line resistance at 323

Stock if holds above 323……… Looks good and will try to move 329

Life time high at 329………. Thereafter we see more strength

Down side supports 320-317

BHARTIARTL

( Last Close : 442.45)

BHARTIARTL has hiked tariff almost 40%

Very positive for telecom stocks……..

Bhartiartl if holds above 448………..We see rally up to 456 and 464

Support at 440

TATAMOTOR

 (Last close : 161.50)

TATAMOTOR stock finding a recent support at 160

Stock if breaks and holds below the level

Further weakness will be expected up to 155

Resistance at 164-166

INFRATEL

( Last Close : 276.30)

INFRATEL near by recent resistance

Stock once if breaks & stays above the level

Expecting further up move

Which level will be breaks ?? and What is the Targets ?

Will be sent alerts to our clients during market hours

Updated : 08.32 AM / 02nd Dec 2019

#NiftyFuture Weekly Technical View For 02nd-06th Dec 2019

NiftyFuture last close : 12099.85

On last Monday (25th Nov) NiftyFuture has given a breakout above its previous swing high and closed at 12096 gained 160 points & On Friday (29th Nov) NF closed at 12099.85. Just 3 points gained in Monday’s close to Friday’s close. But weekly gained 185 pts.

On Friday NiftyFuture saw a panic selling ahead of GDP data, After market hrs came GDP data at 4.5% worst in last 6 years, But not so bad….

IMF, World Bank has projected India’s GDP growth will come above 6% in middle of 2020 and 7% in FY 2020-2021.

On monthly chart NiftyFuture has given highest ever monthly close and short term out look is very bullish.

However on the daily chart shows some little bit profit booking and quick correction will be triggered.

Let’s see technical view……… NiftyFuture facing a weekly resistance 12175, 12240 and 12350……..

Above resistance are maximum for this week………!! Time to profit booking!!

NF considering a weekly supports 12015, 11920 and 11825.

NF very strong support at 11825 (Nifty spot 11800). If closes below the level trend will be changed to Bearish

Did you know ??………

On 08th July 2019 NF broken my strong support 11625 then made a low was 10640…….. Almost 1000 points down from my breakdown

Again 20th Sept 2019….. NF was broken my strong resistance 11180……Now NF has made high of 12160………Almost 1000 points up from my breakout.

Now my breakdown level at 11825

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My whatsapp number 9865977321 (Arjun)

Updated : 11.36 AM / 01st Dec 2019