Nifty Future 13th August

5320
Below it NF will fall off the cliff

On Friday NF below 5360 went on to our target 5325 made low 5320.1

bounced back to exactly our level 5360 made high 5359.90 and close 5345.10.

     Now, What  ?

NF is unable to sustain trade above 5382 repeatedly seeing 

selling pressure from these level & it has not closed above 5360 level.

These clearly show that there lack of buying at higher levels in NF

but clearly confirm these change in trend NF must close below 5320 level

Even if it trades below 5320 for Intraday we will see 5280 in minutes.

Breaking 5275 NF will go on for 5256-5234 levels.

NF Intra Hurdle @ 5360 

Above it see Major Hurdle 5382 then see 5402-5420

NF Intra Support @ 5320

Breaking 5315 NF will go on for 5280.

Breaking 5275 then see 5256-5234.

Sushil Bags Silver
Goes One Step Above

"The basic concept that applies to both poker and trading is that the primary objects is not winning the most hands, but rather maximizing your gains."

Jeff Yass

Have A Good Day 

&

A Great Week