- : May 24, 2018
- : Definedge Research
Nifty
For Intra-day (Nifty future )
- Trend: Bearish
- Intra Anchor point levels: Sustenance above 10545 will be bullish, Sustenance below 10435 will be bearish.
- Bullish count: 10585 ,10630
- Bearish count: 10415 , 10350
For Medium-term (Nifty spot)
Last closing price Nifty : 10513.80
- Setup: Bearish
- Breadth: 30 (Neutral)
- Trend Reversal level : 10620 (Setup will become Bullish above this )
Recommended strategy for the trading in stocks:
Price Setup is bearish Hence look for bearish trading opportunity and appy trend riding strategy
For Intra-day ( Bank Nifty future )
- Trend: Bearish
- Intra Anchor point levels: Sustenance above 26000 will be bullish, Sustenance below 25750 will be bearish.
- Bullish count: 26150 , 26250
- Bearish count: 25550
BankNifty
Last closing price : 26016.80
For Medium-term
- Setup: Bullish
- Breadth: 50 (Neutral)
- Trend Reversal level : 25675 (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)
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
