A PHP Error was encountered

Severity: Warning

Message: count(): Parameter must be an array or an object that implements Countable

Filename: controllers/Home.php

Line Number: 709

Daily P&F setup -01 june 2018
  • : May 31, 2018
  • : Definedge Research

Nifty

For Intra-day (Nifty future )

p
  • Trend: Bullish
  • Intra Anchor point levels: Sustenance above 10715 will be bullish, Sustenance below 10645 will be bearish.
  • Bullish count:  10760 , 10815
  • Bearish count:  10575 , 10550

For Medium-term (Nifty spot)

Last closing price Nifty  : 10736.20

 
p
 
  • Setup: Bullish
  • Breadth: 62 (Neutral)
  • Trend Reversal level : 10680 (Setup will become Neutral below this )

Recommended strategy for the trading in stocks:

Price Setup is bullish Hence look for bullish trading opportunity and appy trend riding strategy
 
p


For Intra-day ( Bank Nifty future )

p

  • Trend: Bullish
  • Intra Anchor point levels: Sustenance above 26760 will be bullish, Sustenance below 26560 will be bearish.
  • Bullish count:  26830
  • Bearish count:  26450 , 26380

BankNifty
Last closing price : 26956.20

For Medium-term

p

  • Setup: Bullish
  • Breadth: 66 (Neutral )
  • Trend Reversal level : 26615 (Setup will become Neutral below this)

Recommended strategy for the trading in stocks:

Price Setup is bullish Hence look for bullish trading opportunity and appy trend riding strategy

Sectors:

Outperforming  & Underperforming sectors (based on RS Ranking Matrix)

p


Chart Parameters:

  • Nifty dly 0.10% x 3 P&F chart 
  • Nifty future Intraday  5 x 1 P&F chart 
  • Banknifty dly 0.15% x 3 P&F chart 
  • Banknifty future Intraday  10 x 1 P&F chart 
  • 10 column moving average on closing basis
  • ​Nifty 50 1% x 3 P&F X-percent breadth indicator
Above levels are shown as per P&F Setup rules. Click here to read P&F Setup rules.

One can read historical Daily Setup here