Trade in Equity, F&O, Commodity and Currency

*********************************

Unlimited Trading
at Rs. 999 per month

Back

Nifty & Nifty Future

Last updated : 13 June 2021

Nifty 50 index is National Stock Exchange of India's benchmark broad based stock market index for the Indian Equity Market. To trade in this index, exchange introduced trading though Nifty Future. Code for Nifty Future is Nifty. Currently lot size for Nifty is 75. Previously it was 50. (Time to time lot size changed by exchange, so please check it once before taking any action).

Latest View on Nifty & Nifty Future

13 June 2021: Nifty closed at 15799.35 (11 June 2021 closing levels). For tomorrow, 14 June 2021, support level for Nifty at 15750 / 15700 and resistance level 15850. Above view only for educational purpose.

16 May 2021: Nifty closed at 14677.80. For tomorrow, 17 May 2021, resistance level for Nifty at 14740 / 14790 and support level 14600 / 14550. Above 14740, we can see some more buying in market and Nifty will try to touch 14800 level. One or two days closing above 14800 is good for bulls. Closing below 14600 good for bears. Above view only for educational purpose.

11 Nov 2020: Nifty closed at 12749.15. For tomorrow, 12 Nov 2020, resistance level for Nifty at 12800 / 12900 and support level 12700 / 12600. Above view only for educational purpose.

05 Nov 2020: Nifty closed at 12120.30. For tomorrow, 06 Nov 2020, resistance level for Nifty at 12160 / 12220 and support level 12060 / 12000. Above view only for educational purpose.

04 Nov 2020: Nifty closed at 11908.50. For tomorrow, 05 Nov 2020, resistance level for Nifty at 11970 / 12020 and support level 11850 / 11800. SGX Nifty above 12150, so market may give good gap up opening. Above view only for educational purpose.

03 Nov 2020: Nifty closed at 11813.50. For tomorrow, 04 Nov 2020, resistance level for Nifty at 11850 / 11900 and support level 11770 / 11720. Above view only for educational purpose.

02 Nov 2020: Nifty closed at 11669.15. For tomorrow, 03 Nov 2020, resistance level for Nifty at 11730 / 11780 and support level 11600 / 11550. Above view only for educational purpose.

01 Nov 2020: Nifty closed at 11643.40. For tomorrow, 02 Nov 2020, resistance level for Nifty at 11700 / 11750 and support level 11600 / 11550. Above view only for educational purpose.

29 Oct 2020: Nifty closed at 11670.80. For tomorrow, 29 Oct 2020, resistance level for Nifty at 11730 / 11780 and support level 11600 / 11550. Above view only for educational purpose.

27 Oct 2020: Nifty closed at 11889.40. For tomorrow, 28 Oct 2020, resistance level for Nifty at 11930 / 11980 and support level 11820 / 11770. Above view only for educational purpose.

26 Oct 2020: Nifty closed at 11767.75. For tomorrow, 27 Oct 2020, resistance level for Nifty at 11830 / 11880 and support level 11720 / 11670. Above view only for educational purpose.

25 Oct 2020: Nifty closed at 11930.35. For tomorrow, 26 Oct 2020, resistance level for Nifty at 11980 / 12020 and support level 11880 / 11820. Above view only for educational purpose.

22 Oct 2020: Nifty closed at 11896.45. For tomorrow, 23 Oct 2020, resistance level for Nifty at 11920 / 11970 and support level 11850 / 11790. Above view only for educational purpose.

21 Oct 2020: Nifty closed at 11937.65. For tomorrow, 22 Oct 2020, resistance level for Nifty at 11980 / 12020 and support level 11880 / 11820. Above view only for educational purpose.

20 Oct 2020: Nifty closed at 11896.80. For tomorrow, 21 Oct 2020, resistance level for Nifty at 11910 / 11970 and support level 11830 / 11780. Above view only for educational purpose.

19 Oct 2020: Nifty closed at 11873.05. For tomorrow, 20 Oct 2020, resistance level for Nifty at 11910 / 11970 and support level 11830 / 11780. Above view only for educational purpose.

18 Oct 2020: Nifty closed at 11762.45. For tomorrow, 19 Oct 2020, resistance level for Nifty at 11800 / 11850 and support level 11700 / 11660. Above view only for educational purpose.

15 Oct 2020: Nifty closed at 11680.35. For tomorrow, 15 Oct 2020, resistance level for Nifty at 11750 / 11800 and support level 11660 / 11610. Above view only for educational purpose.

14 Oct 2020: Nifty closed at 11971.05. For tomorrow, 15 Oct 2020, resistance level for Nifty at 12020 / 12070 and support level 11920 / 11850. Above view only for educational purpose.

13 Oct 2020: Nifty closed at 11934.50. For tomorrow, 14 Oct 2020, resistance level for Nifty at 11960 / 12000 and support level 11880 / 11830. Above view only for educational purpose.

12 Oct 2020: Nifty closed at 11930.95. For tomorrow, 13 Oct 2020, resistance level for Nifty at 11975 / 12025 and support level 11850 / 11780. Above view only for educational purpose.

11 Oct 2020: Nifty closed at 11914.20. For tomorrow, 12 Oct 2020, resistance level for Nifty at 11975 / 12025 and support level 11850 / 11780. Above view only for educational purpose.

08 Oct 2020: Nifty closed at 11834.60. For tomorrow, 09 Oct 2020, resistance level for Nifty at 11865 / 11915 and support level 11770 / 11720. Above view only for educational purpose.

07 Oct 2020: Nifty closed at 11738.85. For tomorrow, 08 Oct 2020, resistance level for Nifty at 11800 / 11860 and support level 11680 / 11640. Above view only for educational purpose.

06 Oct 2020: Nifty closed at 11662.40. For tomorrow, 07 Oct 2020, resistance level for Nifty at 11700 / 11770 and support level 11600 / 11550. Above view only for educational purpose.

05 Oct 2020: Nifty closed at 11503.35. For tomorrow, 06 Oct 2020, resistance level for Nifty at 11550 / 11610 and support level 11450 / 11400. Above view only for educational purpose.

04 Oct 2020: Nifty closed at 11416.95. For tomorrow, 05 Oct 2020, resistance level for Nifty at 11450 / 11500 and support level 11350 / 11300. Above view only for educational purpose.

30 Sep 2020: Nifty closed at 11226.50. For tomorrow, 01 Oct 2020, resistance level for Nifty at 11280 / 11350 and support level 11170 / 11100. Above view only for educational purpose.

29 Sep 2020: Nifty closed at 11222.40. For tomorrow, 30 Sep 2020, resistance level for Nifty at 11280 / 11350 and support level 11170 / 11100. Above view only for educational purpose.

28 Sep 2020: Nifty closed at 11227.55. For tomorrow, 29 Sep 2020, resistance level for Nifty at 11280 / 11350 and support level 11170 / 11100. Above view only for educational purpose.

27 Sep 2020: Nifty closed at 11050.25. For tomorrow, 28 Sep 2020, resistance level for Nifty at 11000 / 11050 and support level 10980 / 10930. Above view only for educational purpose.

23 Sep 2020: Nifty closed at 10808.55. For tomorrow, 25 Sep 2020, resistance level for Nifty at 10840 / 10900 and support level 10780 / 10730. Above view only for educational purpose.

23 Sep 2020: Nifty closed at 11131.85 For tomorrow, 24 Sep 2020, resistance level for Nifty at 11180 / 11250 and support level 11080 / 11000. Above view only for educational purpose.

22 Sep 2020: Nifty closed at 11153.65 For tomorrow, 23 Sep 2020, resistance level for Nifty at 11200 / 11250 and support level 11100 / 11030. Above view only for educational purpose.

21 Sep 2020: Nifty closed at 11250.55 For tomorrow, 22 Sep 2020, resistance level for Nifty at 11290 / 11340 and support level 11200 / 11150. Above view only for educational purpose.

20 Sep 2020: Nifty closed at 11504.95 For tomorrow, 21 Sep 2020, resistance level for Nifty at 11550 / 11600 and support level 11450 / 11400. Above view only for educational purpose.

17 Sep 2020: Nifty closed at 11516.10 For tomorrow, 18 Sep 2020, resistance level for Nifty at 11560 / 11610 and support level 11480 / 11430. Above view only for educational purpose.

16 Sep 2020: Nifty closed at 11604.55 For tomorrow, 17 Sep 2020, resistance level for Nifty at 11650 / 11700 and support level 11540 / 11490. Above view only for educational purpose.

15 Sep 2020: Nifty closed at 11521.80. For tomorrow, 16 Sep 2020, resistance level for Nifty at 11560 / 11610 and support level 11470 / 11420. Above view only for educational purpose.

14 Sep 2020: Nifty closed at 11440.05. For tomorrow, 15 Sep 2020, resistance level for Nifty at 11480 / 11530 and support level 11400 / 11350. Above view only for educational purpose.

13 Sep 2020: Nifty closed at 11464.45. For tomorrow, 14 Sep 2020, resistance level for Nifty at 11500 / 11550 and support level 11400 / 11350. Above view only for educational purpose.

10 Sep 2020: Nifty closed at 11449.25. For tomorrow, 11 Sep 2020, resistance level for Nifty at 11500 / 11550 and support level 11380 / 11330. Above view only for educational purpose.

09 Sep 2020: Nifty closed at 11278. For tomorrow, 10 Sep 2020, resistance level for Nifty at 11320 / 11380 and support level 11200 /11150. Above view only for educational purpose.

08 Sep 2020: Nifty closed at 11317.35. For tomorrow, 09 Sep 2020, resistance level for Nifty at 11375 / 11400 and support level 11250 /11180. Above view only for educational purpose.

07 Sep 2020: Nifty closed at 11355.05. For tomorrow, 08 Sep 2020, resistance level for Nifty at 11410 / 11450 and support level 11280 / 11250. Above view only for educational purpose.

03 Sep 2020: Nifty closed at 11333.85. For tomorrow, 07 Sep 2020, resistance level for Nifty at 11380 / 11410 and support level 11280 / 11250. Above view only for educational purpose.

01 Sep 2020: Nifty closed at 11470.25. For tomorrow, 02 Sep 2020, resistance level for Nifty at 11540 / 11600 and support level 11400 / 11330. Above view only for educational purpose.

31 Aug 2020: Nifty closed at 11387.50. For tomorrow, 01 Sep 2020, resistance level for Nifty at 11430 / 11500 and support level 11330 / 11280. Above view only for educational purpose.

30 Aug 2020: Nifty closed at 11647.60. For tomorrow, 31 Aug 2020, resistance level for Nifty at 11700 / 11780 and support level 11600 / 11550. Above view only for educational purpose.

27 Aug 2020: Nifty closed at 11559.25. For tomorrow, 28 Aug 2020, resistance level for Nifty at 11600 / 11650 and support level 11500 / 11450. Above view only for educational purpose.

26 Aug 2020: Nifty closed at 11549.60. For tomorrow, 27 Aug 2020, resistance level for Nifty at 11600 / 11650 and support level 11500 / 11450. Above view only for educational purpose.

25 Aug 2020: Nifty closed at 11472.25. For tomorrow, 26 Aug 2020, resistance level for Nifty at 11500 / 11550 and support level 11430 / 11380. Above view only for educational purpose.

24 Aug 2020: Nifty closed at 11466.45. For tomorrow, 25 Aug 2020, resistance level for Nifty at 11500 / 11550 and support level 11430 / 11380. Above view only for educational purpose.

23 Aug 2020: Nifty closed at 11371.60. For tomorrow, 24 Aug 2020, resistance level for Nifty at 11415 / 11470 and support level 11330 / 11260. Above view only for educational purpose.

20 Aug 2020: Nifty closed at 11312.20. For tomorrow, 21 Aug 2020, resistance level for Nifty at 11370 / 11420 and support level 11280 / 11220. Above view only for educational purpose.

19 Aug 2020: Nifty closed at 11408.40. For tomorrow, 20 Aug 2020, resistance level for Nifty at 11460 / 11500 and support level 11340 / 11280. Above view only for educational purpose.

18 Aug 2020: Nifty closed at 11385.35. For tomorrow, 19 Aug 2020, resistance level for Nifty at 11425 / 11500 and support level 11340 / 11280. Above view only for educational purpose.

17 Aug 2020: Nifty closed at 11247.10. For tomorrow, 18 Aug 2020, resistance level for Nifty at 11290 / 11340 and support level 11200 / 11150. Above view only for educational purpose.

14 Aug 2020: Nifty closed at 11178.40. For tomorrow, 17 Aug 2020, resistance level for Nifty at 11230 / 11290 and support level 11130 / 11080. Above view only for educational purpose.

13 Aug 2020: Nifty closed at 11300.45. For tomorrow, 14 Aug 2020, resistance level for Nifty at 11370 / 11440 and support level 11280 / 11200. Above view only for educational purpose.

12 Aug 2020: Nifty closed at 11308.40. For tomorrow, 13 Aug 2020, resistance level for Nifty at 11370 / 11440 and support level 11280 / 11200. Above view only for educational purpose.

11 Aug 2020: Nifty closed at 11322.50. For tomorrow, 12 Aug 2020, resistance level for Nifty at 11370 / 11440 and support level 11280 / 11200. Above view only for educational purpose.

10 Aug 2020: Nifty closed at 11270.15. For tomorrow, 11 Aug 2020, resistance level for Nifty at 11320 / 11360 and support level 11250 / 11200. Above view only for educational purpose.

09 Aug 2020: Nifty closed at 11214.05. For tomorrow, 10 Aug 2020, resistance level for Nifty at 11250 / 11300 and support level 11150 / 11100. Above view only for educational purpose.

06 Aug 2020: Nifty closed at 11200.15. For tomorrow, 07 Aug 2020, resistance level for Nifty at 11250 / 11300 and support level 11150 / 11100. Above view only for educational purpose.

05 Aug 2020: Nifty closed at 11101.65. For tomorrow, 06 Aug 2020, resistance level for Nifty at 11160 / 11220 and support level 11050 / 10980. Above view only for educational purpose.

04 Aug 2020: Nifty closed at 11095.25. For tomorrow, 05 Aug 2020, resistance level for Nifty at 11130 / 11190 and support level 11030 / 10970. Above view only for educational purpose.

03 Aug 2020: Nifty closed at 10891.60. For tomorrow, 04 Aug 2020, resistance level for Nifty at 10940 / 10990 and support level 10850 / 10800. Above view only for educational purpose.

02 Aug 2020: Nifty closed at 11073.45. For tomorrow, 03 Aug 2020, resistance level for Nifty at 11120 / 11180 and support level 11000 / 10940. Above view only for educational purpose.

28 July 2020: Nifty closed at 11300.55. For tomorrow, 29 July 2020, resistance level for Nifty at 11380 / 11440 and support level 11220 / 11160. Above view only for educational purpose.

27 July 2020: Nifty closed at 11131.80. For tomorrow, 28 July 2020, resistance level for Nifty at 11180 / 11220 and support level 11060 / 11000. Above view only for educational purpose.

24 July 2020: Nifty closed at 11194.15. For Monday, 27 July 2020, resistance level for Nifty at 11250 / 11330 and support level 11120 / 11060. Above view only for educational purpose.

22 July 2020: Nifty closed at 11132.60. For tomorrow, 23 July 2020, resistance level for Nifty at 11180 / 11250 and support level 11060 / 11000. Above view only for educational purpose.

21 July 2020: Nifty closed at 11162.25. For tomorrow, 22 July 2020, resistance level for Nifty at 11200 / 11250 and support level 11120 / 11060. Above view only for educational purpose.

20 July 2020: Nifty closed at 11022.20. For tomorrow, 21 July 2020, resistance level for Nifty at 11100 / 11180 and support level 10950 / 10850. Above view only for educational purpose.

19 July 2020: Nifty closed at 10901.70 (17 July 2020). For tomorrow, 20 July 2020, resistance level for Nifty at 10970 / 11030 and support level 10830 / 10770. Above view only for educational purpose.

16 July 2020: Nifty closed at 10739.95. For tomorrow, 17 July 2020, resistance level for Nifty at 10780 / 10840 and support level 10680 / 10600. Above view only for educational purpose.

15 July 2020: Nifty closed at 10618.20. For tomorrow, 16 July 2020, resistance level for Nifty at 10660 / 10710 and support level 10550 / 10500. Above view only for educational purpose.

14 July 2020: Nifty closed at 10607.35. For tomorrow, 15 July 2020, resistance level for Nifty at 10660 / 10710 and support level 10550 / 10500. Above view only for educational purpose.

13 July 2020: Nifty closed at 10802.70. For tomorrow, 14 July 2020, resistance level for Nifty at 10850 / 10900 and support level 10750 / 10700. Above view only for educational purpose.

12 July 2020: Nifty closed at 10768.05 (10 July 2020). For tomorrow, 13 July 2020, resistance level for Nifty at 10810 / 10850 and support level 10730 / 10680. Above view only for educational purpose.

07 July 2020: Nifty closed at 10799.65. For tomorrow, 08 July 2020, resistance level for Nifty at 10815 / 10875 and support level 10730 / 10680. Above view only for educational purpose.

06 July 2020: Nifty closed at 10763.65. For tomorrow, 07 July 2020, resistance level for Nifty at 10815 / 10875 and support level 10730 / 10680. Above view only for educational purpose.

05 July 2020: Nifty closed at 10607.35. For tomorrow, 06 July 2020, resistance level for Nifty at 10650 / 10700 and support level 10550 / 10500. Above view only for educational purpose.

02 July 2020: Nifty closed at 10551.70. For tomorrow, 03 July 2020, resistance level for Nifty at 10600 / 10650 and support level 10500 / 10450. Above view only for educational purpose.

01 July 2020: Nifty closed at 10430.05. For tomorrow, 02 July 2020, resistance level for Nifty at 10470 / 10540 and support level 10350 / 10280. Above view only for educational purpose.

30 June 2020: Nifty closed at 10302.10. For tomorrow, 01 July 2020, resistance level for Nifty at 10360 / 10420 and support level 10260 / 10200. Above view only for education purpose.

29 June 2020: Nifty closed at 10312.40. For tomorrow, 30 June 2020, resistance level for Nifty at 10360 / 10420 and support level 10260 / 10200. Above view only for education purpose.

28 June 2020: Nifty closed at 10383.00 (26 June 2020). For tomorrow, 29 June 2020, resistance level for Nifty at 10430 / 10480 and support level 10340 / 10260. Above view only for education purpose.

23 June 2020: Nifty closed at 10471.00. For tomorrow, 24 June 2020, resistance level for Nifty at 10530 / 10580 and support level 10400 / 10330. Above view only for education purpose.

22 June 2020: Nifty closed at 10311.20. For tomorrow, 23 June 2020, resistance level for Nifty at 10350 / 10390 and support level 10260 / 10200. Above view only for education purpose.

21 June 2020: Nifty closed at 10244.40 (19 June 2020). For tomorrow, 22 June 2020, resistance level for Nifty at 10280 / 10350 and support level 10160 / 10100. Above view only for education purpose.

18 June 2020: Nifty closed at 10091.65. For tomorrow, 19 June 2020, resistance level for Nifty at 10120 / 10180 and support level 10020 / 9950. Above view only for education purpose.

16 June 2020: Nifty closed at 9914.00 For tomorrow, 17 June 2020, resistance level for Nifty at 9960 / 10020 and support level 9850 / 9800. Above view only for education purpose.

15 June 2020: Nifty closed at 9813.70. For tomorrow, 16 June 2020, resistance level for Nifty at 9850 / 9900 and support level 9750 / 9700. Above view only for education purpose.

14 June 2020: Nifty closed at 9972.90 (12 June 2020). For tomorrow, 14 June 2020, resistance level for Nifty at 10000 / 10040 and support level 9850 / 9800. Above view only for education purpose.

11 June 2020: Nifty closed at 9902. For tomorrow, 12 June 2020, resistance level for Nifty at 9950 / 10000 and as US market down more than 5%, so Nifty may open down 3 to 4% after that support level 9550 / 9470. Above view only for education purpose.

10 June 2020: Nifty closed at 10116.15. For tomorrow, 11 June 2020, resistance level for Nifty at 10140 / 10220 and support level 10040 / 10000 level. Above view only for education purpose.

09 June 2020: Nifty closed at 10046.65. For tomorrow, 10 June 2020, resistance level for Nifty at 10080 / 10140 and support level 9980 / 9930 level. Above view only for education purpose.

08 June 2020: Nifty closed at 10146.45. After gap up opening, we have seen some profit booking in market. For tomorrow, 9 June 2020, resistance level for Nifty at 10220 / 10275 and support level 10120 / 10080 level. Above view only for education purpose.

07 June 2020: Nifty closed at 10142.15. For tomorrow, 8 June 2020, resistance level for Nifty at 10180 / 10220 and support level 10080 / 10040 level. Above view only for education purpose.

04 June 2020: Nifty closed at 10029.10. For tomorrow, 5 June 2020, resistance level for Nifty 10080 / 10120 and support level 9960 / 9900 level. Above view only for education purpose.

03 June 2020: Nifty closed at 10061.55 up 82.45 points today. For tomorrow, 4 June 2020, resistance level for Nifty 10150 / 10220 and support level 9980 / 9900 level. Above view only for education purpose.

02 June 2020: Nifty closed at 9979.10 up 152.95 points today. For tomorrow, 3 June 2020, resistance level for Nifty 10025 / 10150 and support level 9900 / 9850 level. Above view only for education purpose.

01 June 2020: Nifty closed at 9826.10 up 245.85 points today. For tomorrow, 2 June 2020, resistance level for Nifty 9880 / 9930 and support level 9750 / 9680 level. Avoid too many long positions here. Better to wait and watch market for atleast one week before taking any big position. Above view only for education purpose.

28 May 2020: Nifty closed at 9410.10 up 175.15 points today. Nifty broken range today and as it crossed resistance 9400. In last 2-3 session we have seen good rally in market, so if in long position trade with strict stop loss. Tomorrow, 29 May 2020, resistance level for Nifty 9560 / 9610 and support level 9400 / 9340 level. . Above view only for education purpose.

27 May 2020: Nifty closed at 9314.95 up 285.90 points today. Nifty broken range today and as it crossed resistance 9130, we have seen short coverying and some fresh buying in market and Nifty able to close above 9300. For tomorrow, 28 May 2020. 9340-9350 next resistance for Nifty and above this level 9385-9390 big hurdle. Support now 9250 and then 9200 for Nifty. Monthly expiry there tomorrow, so big voatile session we can see. Above view only for education purpose.

26 May2020: Nifty closed at 9029.05 down 10.20 points today. 2 days left for expiry and Nifty struggling to cross 9100 level. Global market doing well since last few days, but Indian market not performing well. Resistance level for Nifty at 9080 / 9130 and support level 8980 / 8900 for tomorrow. Till Nifty in this range, do not expect any big breakout or fall in market. Above view only for education purpose.

25 May 2020: Nifty closed at 9039.25 down 67 points in Frday session. After RBI announcement we have seen some fall in market but in last hour Nifty recovered almost 50% from day low level. For tomorrow, Tuesday, 26 May 2020, Nifty first resistance at 9070 level, above this level we can see 9120-9130 in Nifty. After this point 9150 will be big hurdle for Nifty. If Nifty able to sustain 9150 then we can see 9250 level in 1-2 session. 9000 will be first support for Nifty for tomorrow, below that 8930 may work support for Nifty. If Nifty break and sustain below 8930 then further selling possible upto 8870 to 8850 levels. Above view only for education purpose.

21 May 2020: Nifty closed at 9106.25, up 39.70 points today. Nifty closed positive today, and tried to hold most of the time 9100 level, only in last hour, due to weekly expiry volatility, we have seen some selling in market. For tomorrow, 22 May 2020, Nifty opening would be important, if Nifty open in green side then it will go up and more up. For long trader stop loss 9050. If Nifty opening down below 9025 then it will go down to 8980 / 8950 level. In this case 9100 good stop loss for short seller. Above view only for education purpose.

20 May 2020: Nifty closed at 9066.55, up 187.45 points today. Since moring market was in tight range, and finally Nifty given move towards up side. For tomorrow, 21 May 2020, Nifty resistance at 9150 level. Above 9150, 9200 will be next hurdle for Nifty, If Nifty able to cross these two resistance level then big rally possible in market and we can see Nifty level 9400 in coming days. 8980-9000 is not good support for Nifty long position. Below 8980, Nifty may loose its strength . Above view only for education purpose.

19 May 2020: Nifty closed at 8879.10 up 55.85 today. Nifty having now selling pressure at 8980-9020 level, and at the same time getting support at 8840-8860 levels. After 2 days weekly expiry there. Banknifty not supporting Nifty to move higher. But now Banknifty and Nifty both above important support level, Market should bounce from here. Stop Loss for long would be 8780 here. Below 8780 one can make fresh short position. For tomorrow, resistance level for Nifty around 8950, Intraday support level for Nifty around 8840 level. Above view only for education purpose.

18 May 2020: Nifty closed at 8823.25 down 313.60 today. Below 8980, market could not sustain and free fall have seen in Nifty. Finally around 8800 Nifty took support and closed above that level. US market doing well today, sgx nifty up and sustaining above 9000 level. As per closing levels, for tomorrow 19 May 2020, resistance at 8900 / 8950 / 9000. Support for Nifty now at 8780 then next important support at 8700. Above view only for education purpose.

17 May 2020: Nifty closed at 9136.85 down 5.90 today. In Friday session we have seen some jump in middle session, but Nifty could not sustained at higher level and profit booking started. For tomorrow. 18 May 2020. Nifty resistance at 9165 level, If Nifty able to sustain above 9165 then further upside of 9210 level possible. Support for Nifty at 9050 level, below 9050, next support for Nifty around 8970-8980 level, if Nifty break 8980 level with volumes then market sentiment would be weak and further sell off possible. Above view only for education purpose.

14 May 2020: Nifty closed at 9142.75 down 240.80 today. For tomorrow, 15 May 2020, Nifty resistance at 9200. If Nifty sustain atleast for 20-30 minutes above 9200 then one can make long position for target 9250-9330 level with stop loss of 9150. Nifty support at 9080 level for tomorrow, if sustain below this level then we can see more sell off upto 9040 level. 8980 will be important support for Nifty. Above view only for education purpose.

13 May 2020: Nifty closed at 9383.55 , up 187 points today. For tomorrow, 14 May 2020, Nifty resistance at 9450. If Nifty sustain atleast for 20-30 minutes above 9450 then one can make long position for target 9500-9540 level with stop loss of 9380. Nifty first support at 9330 level, if sustain below this level then we can see more sell off upto 9280 level. 9250 will be important support for Nifty. It will be weekly expiry session tomorrow, so market will be volatile. Above view only for education purpose.

12 May 2020: Nifty closed at 9196.55 , down 42.65 points today. Mentioned in yesterday post that trader can make long position in dips, who bought Nifty Future in morning. would be in good profit today. So latest news for market, announcement of 20 Lakh Crore package by our Prime Minister. Nifty will give big big gap up opening tomorrow after this news. Right now SGX Nifty around 9600 level. So minimum opening we can expect 9550 to 9600 level. First thing trader should keep in mind, do not make any long position till 12 pm in market. Once market settle then as per signal, trade in market. All the best for tomorrow. Above view only for education purpose.

11 May 2020: Nifty closed at 9239.20 , down 12.30 points today. Nifty opened positive and moved to day high 9439.90, but selling pressure in IT and Banking stocks dragged nifty down. For tomorrow, 12 May 2020, Nifty support level 9200 and below 9200, Nifty may get support at 9150 level. Nifty resistance level now at 9310 and above 9310, 9375 next hurdle for Nifty. Trader can buy Nifty in dips with stop loss of 40-50 points. To short one should wait for 9350-9370 levels. Above view only for education purpose.

09 May 2020: Nifty closed at 9251.50 up 52.45 points on Friday. After gap up opening, again we have seen selling pressure in market in second half. Banknifty dragged Nifty down. For Monday. 11 May 2020, Resistance point 9330-9350 for Nifty and support level 9200 then 9150. Till market in this range, one can make buy and sell position with stop loss of 40-50 points for intraday. Above view only for education purpose.

07 May 2020: Nifty closed at 9199.05 It was a very range bound market today and weekly expiry not that much volatile. For tomorrow, 08 May 2020, Nifty resistance at 9240-9250, above 9240-9250 if sustain then we can see 9290-9300 level. First support for Nifty at 9150, below 9150 we can see more selling in market upto 9090 level. Above view only for education purpose.

06 May 2020: Nifty closed at 9270.90 up 65.30 points. After making low of 9116.50, we have seen U turn recovery in market and Nifty moved to 9346.90 and after some zig zag movement finally closed at 9270.90. For tomorrow, 07 May 2020 as per chart, first resistance around 9340-9350. If sustain above 9340 then we can see rally upto 9400 level. Support level for Nifty around 9200 level, if Nifty break this level and sustain below 9200 for 15 to 20 minutes then further sell off possible upto 9150 levels. It will be weekly expiry tomorrow, so market may be volatile, so do not trade without stop loss. For buyer 9170-9190 good zone to make longs and for short seller 9390-9400 good level to make short position. Do not make any position, if Nifty sustain in range of 9230 to 9330. Above view only for education purpose.

05 May 2020: Nifty closed at 9205.60 down 87.90 points. After making high 9450.9, Nifty slipped to day low 9190.75. For tomorrow, 6 May 2020, as per chart 9290-9300 will be hurdle for tomorrow. If above 9300 Nifty sustain for one to two hours then only we can see more buying in market else it would be sell on rise market. Next support level for Nifty around 9165 level , below 9165 , Nifty may get support around 9090.

04 May 2020: Nifty closed at 9293.50 down 566.40 points. As mentioned in previous post that Friday rally only to trap bulls and to destroy bear, result we have seen today in market. Tomorrow, 05 May 2020, Nifty immediate resistance at 9330-9332 level, once Nifty sustain above this level we can see next level 9370-9375 in market and above this next hurdle 9380, above 9380 we can some short covering and we can see 9420-9430 level in Nifty. 9250 / 9215 these are two important support level for Nifty for tomorrow, 5 May 2020.

30 Apr 2020: Nifty closed at 9859.90 up 306.55 points. Unexpected move we have seen in market today. And it was clear that this move came to trap bulls and destroy bears. We can see now Dow Future more than 400 poitns down, SGX Nifty down more than 500 points. More picture will clear on Monday morning.

29 Apr 2020: Nifty closed at 9553.35 up 172.45 points. Nifty made high today 9599.85, and some profit booking we have seen from that level. Its expiry day tomorrow, It is clear that market will be highly volatile. To predict expiry level is too difficult in such market, but it should be somehwhere around 9400 to 9450. For tomorrow, First resistance level is around 9600, then next hurdle will be 9700 for Nifty. Support level for tomorrow 9500 then next support level at 9400. All views mentioned here only for educational purpose.

28 Apr 2020: Nifty closed at 9380.90 up 98.60 points. As mentioned in yesterday post, If Nifty will sustain above 9340 then we will see rally up to 9375 level. Nifty made high 9404.4, and just closed below 9400 level. Tomorrow will be important session for market. One should be very cautious in market and without stop loss, do not make a single trade. Nifty support for tomorrow 9335 and then next support at 9300, if Nifty break and sustain below these two levels then we can see big sell off in market upto 9180 level. If Nifty sustain above 9410 for one hour then go long with stop loss 9340 for target 9460-9470 level. All views mentioned here only for educational purpose.

27 Apr 2020: Nifty closed at 9282.30 up 127.90 points. In previous post, i mentioned that this week atleast till expiry we can see range bound market in range of 9100 to 9400. After making high around 9377.1, we have seen some profit booking in market, and Nifty came down to 9270 level around. For tomorrow, 28 April 2020, Nifty first resistance as per chart around 9340 level and then next resistance around 9375. If sustain above 9340, for sometimes then we can see again some rally upto 9370 to 9375 level. 9400 still a hurdle for Nifty. 9250 is important support for Nifty for tomorrow, if sustain below 9250, then we can see some selling pressure in market.

25 Apr 2020: Nifty closed at 9154.40 down 159.50 points. As predicted, below 9250, we can see more profit booking and selling pressure in nifty. Monday will be fresh start for Market, US market closed positive yesterday. Next week will be the expiry week, lot of call put position in market. Seems market will consolidate in range of 9100 to 9400 in coming week atleast till expiry day. For Monday, 9250 resistance for Nifty. If Nifty able to sustain above this level on then we can see some fresh buying and short covering, else it would be sell on rise market. Below 9090, we can see more selling pressure in Nifty till 8990 to 8940 levels.

23 Apr 2020: Nifty closed today at 9313.9 up 126.60 points. Nifty closed at highest point after 16th March 2020. As predicted, we saw 9300 levels in Nifty above 9230. As per intraday chart of Thursday session, it looks for tomorrow (24 April), 9250 will be support for Nifty, below this level we can see profit booking in market. Nifty may face resistance to cross 9400 level.

22 Apr 2020: Nifty closed today at 9187.30 up 205.85 points. As predicted yesterday that we can see a sharp rally in Market today, Nifty moved almost 200 points. For tommorrow (23 April 2020) , immediate resistance for Nifty around 9225-9230 levels. Above these levels, if Nifty sustain then 9270 / 9300 would be possible. But since it is expiry session to market will be very volatile tomorrow. 9150 and then 9100 support level for Nifty, if Nifty breaks 9100 level tomorrow, then further fall upto 9030 / 8970 possible in market. These levels based on last 2-3 days Nifty movement. It is only for educational purpose.

21 Apr 2020: Nifty closed today at 8981.45 down 280.40 Points. For tomorrow, first resistance point for Nifty is around 9010, above this level we can see short covering and fresh buying. Nifty may move to 9060 to 9110 level, if able to sustain above 9010. First Support for Nifty at around 8820 then next support level at 8700 level. As predicted on 19th April, then in one to two session we can see fall upto 8900 level, Nifty today made low 8909.40. Since, next week, expiry there for April series and day after tomorrow weekly expiry, lot of short position in market, so i think we can see one sharp rally again in market, but we have to respect above levels also. No blind trades.

20 Apr 2020: Nifty closed today at 9261.85 down 4.90 Points. After making high of 9390.85, we have seen some profit booking in market and Nifty made low 9230.80. As predicted Nifty find support just above support level of 9220. For tomorrow, 9220 / 9165 may play an important low. If Nifty break these two levels then more fall upto 9120 possible. Resistance at 9310 for tomorrow, above 9310, we can see 9350 level. 9400 still resistance resistance for Nifty. These levels based on last 2-3 days Nifty movement. It is only for educational purpose.

19 Apr 2020: Nifty closed at 9266.75 up 273.95 Points more than 3% in Friday session. Nifty immediate resistance at 9305 for Monday, 20 April 2020. If sustain above 9305 for 30-40 minutes, then we can see rally upto 9370 / 9400 level. First support for Nifty now at 9220. and then next import support level for tomorrow at around 9100. If Nifty break both these two levels with volume then we can see fall upto 8900 level by day end or in next one to two session. These levels based on last week Nifty movement. It is only for educational purpose.

24 Nov 2019 : Nifty closed at 11914.40. In last few weeks we have seen range of 11850 to 12000 in Nifty, but still not above to sustain above 12000. Strong support for Nifty at 11800 and resistance still at 12000 closing basis. Watch one more week for clear trend.

31 July 2019 : Nifty closed at 11118.00 up by 32.60 points today. Nifty resistance at 11150 / 11200, support 11000.

30 July 2019 : Nifty closed at 11085.40 down by 32.60 points today.

29 July 2019 : Nifty closed at 11189.20 down by 32.60 points today.

26 July 2019 : Nifty closed at 11284.30 up by 32.15 points today.

25 July 2019 : Nifty closed at 11252.15 down by 19.15 points today.

24 July 2019 : Nifty closed at 11271.30 down by 59.90 points today.

23 July 2019 : Nifty closed at 11331.20 down by 15.20 points today. Nifty resistance at 11380, support 11300.

22 July 2019 : Nifty closed at 11346.10 down by 73.05 points today. Nifty resistance at 11380, support 11300.

17 July 2019 : Nifty closed at 11687.50 up by 24.90 points today. Nifty crossed one hurdle of 11650 and closed 2 days above that level. Now next hurdle around 11710, today not able to crossed, once it will cross then we can wait for 11750-11800 next.

16 July 2019 : Nifty closed at 11662.60 up by 74.25 points today.

15 July 2019 : Nifty closed at 11588.35 up by 35.85 points today. Nifty opened gap up at 11614.75 after Infosys movement of more than 5%, but soon Nifty slipped and came in to red and made low of 11532.30. Nifty Future made low of 11515 and shown some reversal sign again. But still 11600-11650 is big hurdle for Nifty. Market waiting for some positive trigger to cross this hurdle. 11450-11460 support area for Nifty.

12 July 2019 : Nifty closed at 11552.50 down by 30.40 points. Nifty touched intraday high of 11639.55 but from that point we have seen profit booking in market and Nifty slipped to day low 11538.60.

11 July 2019 : Nifty closed at 11582.90 up by 84 points. Nifty opened positive and maintained its gain till closing. Nifty made high of 11599 and low of 11519.50. Still 11600 hurdle for Nifty.

10 July 2019 : Nifty closed at 11498.90 down by 57 points. Opening was green but again Nifty could not break 11600 resistance and slipped below 11500 level. Although yesterday low not broken today, made low 11475.65 today. It will be weekly expiry tomorrow, Nifty should cross now 11550 for further upside.

09 July 2019 : Nifty closed at 11555.90 down by 2.70 points. Both side movement we have seen today in market. First Nifty made low of 11461 in morning session then short covering took place and Nifty moved to day high 11582.55, finally it closed flat today. For coming days 11600 will work as resistance and 11450 support level here.

08 July 2019 : Nifty closed at 11558.60 down by 252.55 points. Nifty opening was below important support level of 11800 after that it broken 11700 and 11600 level also. After making low 11523.30, it closed at 11558.60. Nifty Future July contract made low of 11527.35 and closed at 11569.90. NIfty did not find any support today and most of Nifty 50 stocks were closed in red.

07 July 2019 : Nifty closed at 11811.15 down by 135.60 points after Budget announcement. Nifty made high 11981.75 in early morning session but after that we have not seen any positive trend in market. NIfty closed in deep red. Banknifty controlled by PSU stocks. Now Nifty just closed above support, coming week important for market, we have to see Nifty breaking 11800 or getting support here.

04 July 2019 : Nifty closed at 11946.75 up by 30 points today. Nifty made high 11969.25 and some profit booking before budget day we have seen in market. Nifty Future made high 11999, could not touch psychological level 12000 today. It will be interesting to watch market tomorrow.

03 July 2019 : Nifty closed at 11916.75 up by 6.45 points today. Nifty moved to day high 11945.20 but from higher level we have seen some profit booking. After 2 days on Friday, 5th July 2019, it is Budget day. Tomorrow, it will be weekly expiry so some volatility we can see tomorrow.

02 July 2019 : Nifty closed at 11910.30 up by 44.70 points today. After positive opening we have seen some selling in market and Nifty slipped to 11814.70 but from lower levels we have seen good recovery and Nifty moved to 11917.45, more than 100 points. Hope momentum will be continue till Budget.

01 July 2019 : Nifty closed at 11865.60 up by 76.75 points today. Nifty given positive start and whole day Nifty trading at positive zone. It showing that Nifty now having good support at 11800 level. Although 11900 not crossed today but it seems that this week Nifty will cross 11900 and will sustain above this level. Market expecting a lot from Budget and till budget Nifty should be in positive zone. For coming days 11800 support level for Nifty and 11900-11920 hurdle for Nifty. Above or below these level firther move possible.

28 June 2019 : Nifty closed at 11788.85 down by 52.70 points. It was the first trading session of new series and Nifty slipped in to negative zone after positive start.

27 June 2019 : Nifty closed at 11841.55 down by 6 points.

26 June 2019 : Nifty closed at 11847.55 up by 51.10 points.

25 June 2019 : Nifty closed at 11796.45 up by 96.80 points. Made high 11814.40 but not closed above 11800 level. Tomorrow, if sustain above 11800 then 11850-11860 level , we can see.

24 June 2019 : Nifty closed at 11699.65 down by 24.45 points. Nifty trading in a narrow range, may possible before expiry we will be see breakout or breakdown in nifty.

21 June 2019 : Nifty closed at 11724.10 down by 107.65 points. Yesterday gain wiped out today. 11800 resistance level for Nifty. Next week expiry there, market will be volatile. If everything fine then we will see short covering in market next week.

20 June 2019 : Nifty closed at 11831.75 up by 140.30 points. Morning Nifty down 40-42 points , after making low 11653.65, sharp recovery in market and in last two hour session Nifty crossed 11800 mark and closed above this level. For tomorrow 11900 resistance level for Nifty. Recent low around 11630-11650 important support level for Nifty now.

19 June 2019 : Nifty closed at 11691.45 down by 0.05 points. Once Nifty was more than 100 point plus at opening trade, but could not digest this gain and slipped to below 11700 level also. Nifty made low 11625.10 but last hour recovery , made closing just at yesterday level.

18 June 2019 : Nifty closed at 11691.50 up by 19.35 points.

17 June 2019 : Nifty closed at 11672.15 down by 151.15 points. As Nifty broken important level of 11800 and could not get support at 11700 level also and closed below that level. It looks now market will get support in this zone and we can see pre budget rally in market.

14 June 2019 : Nifty closed at 11823.30 down by 90.75 points. Nifty made low 11797.70. Nifty slipped almost 75 points in last 30 minute session. But able to maintain closing above 118000. Monday will be important session for market.

13 June 2019 : Nifty closed at 11914.05 up by 7.85 points. Nifty once down to 11817 level but again short covering we have seen in market in weekly expiry day and it closed little bit positive. Since last few session Nifty stuck in this 100-150 points range. Resistance level for Nifty for intraday 11950 / 11980 and support for intraday 11870 / 11830.

12 June 2019 : Nifty closed at 11906.20 down by 59.40 points. Nifty trend is not clear since last 10-12 days. One day we see market up and next day we see market down. But still Nifty able to hold 11800 level. Now market required some good news to move ahead. Global cues are positive since last few sessions. May possible in next 2 to 3 session we will get some clear trend for Nifty and Sensex. Nifty resistance around 11950 and support around 11850 for tomorrow.

11 June 2019 : Nifty closed at 11965.60 up by 42.90 points. Nifty made low of 11904.35 in morning session and after that in last hour move to 12000.35 but not sustain at higher level and again slipped. For tomorrow, Nifty support at 11940 below that 11900 strong support now. 12000 is big hurdle for Nifty. Bulls need volume buying above 12000 level for further upside. Nifty Future June contract hurdle at 12045-12050 zone. Support at 11900-11920 zone.

10 June 2019 : Nifty closed at 11922.70 up by 52.05 points. Nifty given good opening and Nifty moved to day high 11975.05 but again we have seen profit booking in market from higher levels and Nifty once came down to below 11900 level and made low 11871.75. Nifty June Future made high 11994 and not able to cross 12000 level. For tomorrow, resistance for Nifty same at 12000 level and support level for Nifty 11880.

09 June 2019 : Nifty closed at 11870.65 up by 26.90 points on 7th June 2019. After flat opening Nifty slipped to below 11800 level and from day low 11769.50 we have seen sharp recovery in market and Nifty moved to day high 11897.50. Some positive news there for market so tomorrow we can see positive opening in market. Nifty may face hurdle at 12000 level. Once Nifty cross and sustain above 12000 level then coming week may support to bulls. Strong support for Nifty around 11770-11800 level. If sustain below these levels we can see panis selling in market.

07 June 2019 : Nifty closed at 11843.75 down by 177.90 points on 6th June 2019. RBI Policy and weekly expiry volatility dragged Nifty down to below 12000, after that broken 11900 level also. Nifty resistance now at 11895 and support at 11820.

04 June 2019 : Nifty closed at 12021.65 down by 66.90 points on 4th June 2019. Nifty opened down at 12052.65 and then almost market recovered and Nifty came in positive zone and made high 12095.20. But later in second half we have seen some volatile session and Nifty made low of 12005.85. Nifty Future could not sustain above 12100 and some profit booking we have seen before RBI policy. Market will close on 5 June 2019 on the occassion of EID. Tomorrow, on 6th June 2019, market will react on RBI policy.

03 June 2019 : Nifty closed today at 12088.55 up by 165.75 points. Finally Nifty broken today its previous life time high of 12041 made on election result day and closed at new high.

31 May 2019 : Nifty closed today at 11922.80 down by 23.10 points. First trading session of June series not good for traders. When Nifty was trading new day high , suddenly market slipped to day low 11829.45. Exactly reason was not clear for that sharp fall, but we have seen almost 100 point recovery from day lows. Support 11900 and below that 11850 next support level. Resistance for Nifty now 11960 and 12010 for Monday, 03 June 2019.

30 May 2019 : Nifty closed today at 11945.90 up by only 84.80 points. Expiry over today for May series. It will be the last trading session tomorrow of this month. Nifty resistance for tomorrow 11980 then next hurdle 12041 (Previous high). Support 11900 and below that 11850 next support level.

29 May 2019 : Nifty closed today at 11861.10 down by only 67.65 points. Weak global cues and weakness is dow future dragged Nifty below 11900 level today. Nifty made low 11836.80. we have seen once recovery in market but it was not enough and Nifty made high of 11931.90 and slipped. It is monthly expiry tomorrow. For tomorrow immediate resistance for Nifty now at 11900 then next resistance at 11960. Support for Nifty 11830 then 11780. Nifty Future May contract made low 11836.30 and high 11934.95. These levels will work as support and resistance for Nifty Future.

28 May 2019 : Nifty closed today at 11928.75 up by only 4 points. Nifty opening positive today but not ablve to sustain and slipped to day low 11864.90. In last 30 minutes market we have seen some short covering and nifty just closed in postive note. For tomorrow, Nifty resistance at 11960 and support around 11880 then next support at 11830. Nifty Future resistance at 11980 level once cross we will see new high in Nifty Future.

27 May 2019 : Nifty closed today at 11924.75 up by 80.65 points. Nifty opening was negative today but from day low 11812.40, we have seen some buying in market and Nifty moved to day high 11957.15. Nifty Future May contract closed at around 11915 after making high of 11960. We have seen buying today in Tata Steel, JSW Steel, DLF, Axis Bank, Yes Bank etc. Sun Pharma (SUNPHARMA) and Punjab National Bank (PNB) quarterly result tomorrow. Nifty resistance at 11960 for tomorrow. Above 11960 it may face hurdle to cross 12000 psychological level. Support level for Nifty now at 11880 then 11830.

24 May 2019 : Nifty closed today at 11844.10 up by 187.05 points. After gap up opening we have seen selling in market and once Nifty came down to 11661 level, but from that low point, we have seen good buying in market and Nifty moved to day high 11859. Still Nifty down almost 200 points down from yesterday historical high of 12041. Next week Nifty has to cross 11900 for new rally. Strong support now 11500 for long term trader.

23 May 2019 : Nifty closed today at 11657.05 down by 80.85 points. Nifty made record new high of 12041.15 today after NDA win in General election 2019. But market could not sustain above 12000 and Nifty slipped to day low 11614.50. Sensex also touched today 40000 mark and made high of 40124.96 and after profit booking slipped to 38651.61 and closed at 38811.30. Volatility will be there in market till month end.

22 May 2019 : Nifty closed today at 11737.90 up by 28.80 points. Nifty made low today 11682.40 after that we have seen short covering and some buying in market and Nifty moved to day high 11784.80. Some volatility we have seen in last 2 hour market, and Nifty slipped almost 90 points from day high. Nifty Future May contract made high of 11833.25 and closed at 11790. General elections 2019 results will be announced tomorrow and everyone eagerly wants to know what will happen tomorrow? Nifty weekly and monthly options trader may good money tomorrow cause of market volatility.

21 May 2019 : Nifty closed today at 11709.10 down by 119.15 points. Nifty touched today record high level 11883.55, but from higher levels we have seen profit booking in market and Nifty slipped to day low 11682.80. Nifty Future May contract made high of 11895 today, just missed 11900 level by 5 points and slipped to day low 11687.50. Till 12:30 pm market was stable and it was in narrow range but after that selling pressure dragged nifty to below 11700 level. More one trading session left, after that big event day for our market.

20 May 2019 : Nifty closed today at record high at 11828.25 up by 421.10 points. Stock Market today celebrated the exit poll numbers announced yesterday by different media houses. Clear majority to NDA shown by almost all survey. Nifty made high today 11845.20. Nifty Future may contract made high of 11877.30 and closed at 11871.45. Nifty Call Options trader got today good profit if they entered in morning at opening.

19 May 2019 : Exit poll numbers out today after 7 phase elections. If we believe that exit poll predictions are approximate correct also then BJP is going to form once again government for next 5 years and this will boost our market. Everyone is waiting for tomorrow to check market reaction on this poll results.

17 May 2019 : Nifty closed today at 11407.15 up by 150.05 points. Nifty opening was in green and after that we have seen some short covering and fresh buying in market. Nifty made high of 11426.15 and just close below to day high. Nifty Future May contract made high of 11447.10 and closed at 11425.80. Nifty Monthly 11600 call closed at 195.60. It market open positive then next level for Nifty 11600 call would be 230 then 270.

16 May 2019 : Nifty closed today at 11257.10 up by 100.10 points. Nifty given positive opening and made low of 11143.35. After that till 1:50 pm Nifty was trading in range of 11150 to 11190 range. But after 1:50 pm, we have short covering in market and Nifty moved to day high 11281.55. It was weekly expiry so have seen some volatility in last hour. Nifty weekly 12000 call options moved to 50 plus from day low 5.10. Now next few days market will be volatile so there will be no support no resistance in market. So trade in market very carefully.

15 May 2019 : Nifty closed today at 11157.00 down by 65.05 points. Nifty opening was positive today but could not crossed yesterday high and after range bound market we have seen again selling pressure in market and Nifty dragged down below 11200 level. Nifty Future May contract made high 11300 in morning and slipped in second half to day low 11157. Now more 2 trading session, after that on Monday, market will react on exit poll. Nifty resistance now at 11180 level after that 11250 next resistance. 11080/11040 next support level for Nifty.

14 May 2019 : Nifty closed today at 11222.05 up by 73.85 points. Finally, after 9 days continuous fall, we have seen sharp recovery in market from morning low 11108.30. As predicted in previous post that we will see short covering in market and today we have seen almost 185 points rally from day low. We advised to buy Nifty weekly 11200 call options in the range of 40-45 today with stop loss of 5. Nifty weekly 11200 call made low 41.25 and after that it made high of 141.50. So if someone bought 2 lot also, he made 10-12k minimum profit with small risk in this options. Nifty Future May contract made low 11138 and touched day high 11338.10. Nifty Future broken yesterday high of 11328 today but could not sustain above that and again we have seen intraday profit booking in market and future slipped to 11201.55 level, but finally in last 20-30 minute session it closed at 11267.55. For tomorrow, 11270-11280 first resistance for Nifty, if cross these level and sustain then next hurdle for Nifty around 11330 level. Support for Nifty now at 11180 level, below that next support level is 11125.

13 May 2019 : Nifty closed today at 11148.20 down by 130.70 points. In first half, Nifty was in tight range of 11250 to 11295, but in last hour trading session, we have seen again panic selling in market like Friday and Nifty broken 11200 level and after that slipped to day low 11125.60, and closed at 11148.20 after final settlement. Nifty Future May contract closed at 11185 after morning high of 11328. Future made low of 11153.65. Nifty down almost 700 points in last 9 trading session. Nifty not getting any support right now and breaking all important levels. Market is waiting for Exit Polls numbers. We can see some short covering in next two to three session as Exit poll numbers will be announced on 19th May and Friday, 17th May 2019 will be last trading session before Exit poll numbers. As per technical, Nifty resistance now at 11180 level after that 11250 next resistance. 11080/11040 next support level for Nifty.One can buy Nifty weekly 11200 call if get around 40-45. This options may give good return if short covering starts in market.

10 May 2019 : Nifty closed today at 11278.90 down by 22.90 points. We have seen last positive closing in Nifty on 26th April 2019, after that day continue Nifty closing in negative. So since last 14 days bulls are struggling in this market. In intraday daily some bounce coming due to short covering but it is not sustainable. We have seen positive start in market today but US China trade war issue still affecting our market. After making intraday high at 11345.80, in last 15 min market, Nifty touched its day low 11251.05 and closed at 11278.90 after settlement. Nifty Future May contract closed at 11288.15 after making high of 11376. We have seen some buying today in Nifty weekly call options but in last 30 minutes all closed to its day low. For Monday, Nifty resistance now at 11300 level and 11250-11225 important support level.

09 May 2019 : Nifty closed today at 11301.80 down by 57.65 points. Nifty touched low of 11255.05 in intraday and high of 11357.60. For tomorrow, immediate resistance for Nifty at 11360 then next hurdle at 11410 level. Market is too volatile to trade. 11250-11220 support for Nifty. Below these levels we can see 11185-11190 level.

08 May 2019 : Nifty closed today at 11359.45 down by 138.45 points. Nifty not able to sustain any support since last 3 trading session. First it broken 11650, then 11550 and today broken 11400 also and closed below that level. Market volatility will be remain same till elections. So it is advised trade with proper stop loss and target. For tomorrow, Nifty may face resistance at 11410-11420 level. Once cross and sustain above that, then we can see some short covering upto 11450 to 11480 level. 11500 now big hurdle and need volume buying.

07 May 2019 : Nifty closed today at 11497.90 down by 100.35 points. Opening was positive today, but after 2 PM, we have seen selling pressure in market and Nifty broken important support level of 11540-11550 and closed below this level. So more than 150 points fall we have seen from day high today. Nifty May Future contract closed at 11541.90 after making high of 11692. It made low of 11531.35 today. For tomorrow, we have to seen wheather Nifty cross and sustain above 11550 or not. As per chart 11480-11460 is support zone for Nifty. Now market volatile, so trade carefully. One should avoid trading in weekly options here with big quantity. Monthly options good for trading at this level. Nifty Future resistance for tomorrow at 11600 and Support level for Nifty Future at 11500.

06 May 2019 : Nifty closed today at 11598.25 down by 114 points. All global indicies were down today 3% to 4%, but somehow Nifty maitained support of 11550 today. For tomorrow, 11665 and 11710 is resistance level for Nifty and 11550 / 11500 will work as support level for Nifty.

03 May 2019 : Nifty closed today at 11712.25 down by 12.50 points. It was a range bounce market and whole day Nifty was trading in the range of 11730 to 11770, but after 2:30 pm we have seen some sell off in market and Nifty broken 11700 level and after making low of 11699.35 it closed above 11700 level. So from 26th April to till last Friday, Nifty closing around 11710 to 11750 level. It is getting hurdle at 11780-11790 level in higher side and getting support around 11660-11680 level. For coming week, 11660 and 11760 level would be important. If Nifty give closing above 11760 with volume buying in stocks then by Friday it will cross 11850 level, same in reverse case if close below 11660 level with profit booking in stocks then we can see level of 11560 to 11590 again in Nifty. So we feel that this week will be important for positional trader. If you are options trader then you can go long in weekly or monthly options of Nifty 12000 call or Nifty 11900 call if Nifty breaking resistance of 11790 with volume. Same one can buy Nifty 11500 put or 11800 put options if Nifty breaking the level of 11660 with volume.

02 May 2019 : Nifty closed today at 11724.75 down by 23.40 points. In opening trade we have seen some selling pressure in market and Nifty made low of 11699.55, but soon we have seen sharp recovery in market upto level of 11787-11788. After that whole day, we have seen expiry drama in market and finally Nifty closed at 11724. Nifty May contract closed at 11764. Intraday high for Nifty May contract was 11834.40 and low was 11735. For tomorrow, Nifty support 11700 / 11670 level and resistance 11765/11800 level. Tomorrow one can trade in Nifty weekly or monthly call options, if Nifty Future sustain above 11790 then one can buy weekly call options of Nifty 11800 / 11900 / 12000 strike price. If Nifty Future break the level of 11700 then go for weekly put options.