- As Discussed in Last Analysis Till we are below 11300 bears have upper hand can push nifty towards 11194/11125. Bulls will get active above 11300 for a move back to 11343/11400. 11343 done,Bulls now need a close above 11301 for a move back to 11355/11400. Bears will get active below 11226 for a move back to 11166/11108.
- Important intraday time for reversal can be at 9:15/11:29/12:22/1:35/2:50 How to Find and Trade Intraday Reversal Times
- Nifty Aug Future Open Interest Volume is at 1.71 core with addition of 63 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @11355 closed below it.
- FII’s sold 126 cores and DII’s bought 398 ores in cash segment.INR closed at 68.98 Dollar to Rupee Forecast Lok Sabha Election Week
- Nifty Futures Trend Deciding level is 11323 For Intraday Traders). NF Trend Changer Level (Positional Traders) 11323 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level
Buy above 11283 Tgt 11310,11336 and 11363 (Nifty Spot Levels)
Sell below 11230 Tgt 11210,11165 and 11125 (Nifty Spot Levels)
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