- : May 28, 2018
- : Definedge Research
Nifty
For Intra-day (Nifty future )
- Trend: Bullish
- Intra Anchor point levels: Sustenance above 10685 will be bullish, Sustenance below 10675 will be bearish.
- Bullish count: 10710 , 10735 , 10750
- Bearish count: 10645 , 10610
For Medium-term (Nifty spot)
Last closing price Nifty : 10688.70
- Setup: Bullish
- Breadth: 62 (Neutral)
- Trend Reversal level : 10490 (Setup will become Bullish above this )
Recommended strategy for the trading in stocks:
Price Setup is bullish Hence look for bullish trading opportunity and appy trend riding strategy
For Intra-day ( Bank Nifty future )
- Trend: Bullish
- Intra Anchor point levels: Sustenance above 26540 will be bullish, Sustenance below 26520 will be bearish.
- Bullish count: 26720 , 26760
- Bearish count: 26480 , 26440 ,26340
BankNifty
Last closing price : 26614.20
For Medium-term
- Setup: Bullish
- Breadth: 91 (Over bought)
- Trend Reversal level : 25675 (Setup will become Neutral below this)
Recommended strategy for the trading in stocks:
Price Setup is bullish but breadth is in Overbought zone. Apply aggressive profit booking strategy for short-term trades.
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
