NIFTY Future levels and chart updates
Updated
Sideways movement with low volume without clear direction showing uncertainty reflected from fundamentals on chart. A mild tension running behind can convert to panic if price sustain at lower side.
Comment
Sideways zone swings can extend towards 14850/14980Comment
Near to 14850 now.Comment
14980 target and sideways swing completed.Comment
Price following downward from supply zone of side ways swings. 14680-14700 need to hold for an attempted BO above supply zone, expect swings to go test bottom zone again otherwise.Comment
This chart is aging well, 14680 below broken in Friday last hour and follow up to the lower zone.Comment
bounced from lower 14488, now 14750 above to be watched for whether the swing will retest high zone again. Failing to hold 14750 can result in selling pressure again.Comment
14750 acted as boundary and selling pressure as expectedComment
Price again holding 14488 support. A base is forming for bullish movement but volumes are not convincing, price can break the base. Stay side line for now.Comment
Deja vu at 14750. Breaking above can lead to 14950+ levels again.Comment
14950+ completed. 14850-14900 if able to hold will attempt a breakout here.Comment
Close the remaining longs if opens below 14850. Add small quantity BnF short after opening bounce.Comment
BnF shorts details are updated in BnF chart
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