A Trading Hub for fellow traders, updated fortnightly.

21 Aug 2017

Today Nifty Future is expected to open flattish note
Likely to witness selling pressure will be expected at higher levels!!
Today Nifty Future is facing resistance 9875-9900
Once if breaks 9900 and holds above the level……….
Finding next resistance 9940
Today Nifty Future is consider supports 9835-9815
Once if breaks 9815 and holds below the level……. 
Finding next support around 9775
Today Banknifty Future is facing resistance 24140 & 24230
Once if breaks 24230 and holds above the level……… Try to check 24360
But stay caution at higher levels……..or Can go shorts at higher level!!
Today’s supports 24030 & 23950
Below 23950………… Next support around 23800
YESBANK support at 1700-1705
Below the level…….. Selling pressure will see!!
HINDUNILVR has formed double top at 1210
Stock once if breaks 1210 and holds above the level
Rally will be expected up to 1223 1235
Support at 1193
BATAINDIA has shown strong strength after earnings report
Decline to go long……… Likes 673-680
Try to check 690 & 700…….. Ultimate Target 750
DRREDDY finding weekly support at 1970
Stock once if breaks & holds below the level
Try to check 1940 & 1920
updated daily at 9.10am