2021-09-08 06:29:02
8TH SEP STRATEGY:
Global: Neutral
FII: Neutral
DII: Neutral
F&O: Neutral
Sentiment: Positive
Trend: Positive
NIFTY & BANK NIFTY SUPPORT & RESISTANCE:
Nifty 17275-17325 Day support zone, Below that 17200-17225 strong Buy zone
Nifty 17400-17425 Day higher zone, Above that 17475-17525 Profit-booking zone
Bank Nifty 36150-36200 Day support zone, Below that 35800-36000 strong Buy zone
Bank Nifty 36675-36825 Day higher zone, Above that 36900-37100 Profit-booking zone
NIFTY & BANK NIFTY TRADING RANGE:
Nifty 17275-17425 Small Day Range, 17225-17475 Medium Range, 17200-17525 Bigger Range
Bank Nifty 36350-36675 Small Day Range, 36150-36825 Medium Range, Bigger Range 36000-36900
FIIs Index long at 68% Vs 66%
PCR light and comfortable at 1.20 Vs 1.29
India VIX down by 1% at 14.90
FOR EXISTING LONG POSITIONS:
Nifty Intraday n Closing SL 17200
Bank Nifty Intraday n Closing SL 36350
FOR EXISTING SHORT POSITIONS:
Nifty Intraday n Closing SL 17500
Bank Nifty Intraday SL 36700 n Closing SL 36850
FOR NEW POSITIONS:
Buy Nifty in 17225-17300 range: SL 17175 Tgt 17350, 17375, 17425, 17475
Aggressive Traders Buy Nifty: Strict SL 17275 Tgt 17400, 17425, 17475, 17525
Sell Nifty in 17475-17525 range: SL 17600 Tgt 17435, 17375, 17350, 17325, 17300
Aggressive Traders Sell Nifty on Gap-up Opening Strict SL 17500 Tgt 17325, 17300, 17250, 17225
FOR NEW POSITIONS:
Buy Bank Nifty in 36150-36200 range: SL 36000 Tgt 36350, 36425, 36475, 36575, 36675
Aggressive Traders Buy Bank Nifty: Strict SL 36150 Tgt 36575, 36675, 36750, 36825, 36900, 36975
Sell Bank Nifty in 36800-37000 range: SL 37150 Tgt 36700, 36600, 36475, 36425, 36350
Aggressive Traders Sell Bank Nifty on Gap-up Opening: Strict SL 36900 Tgt 36425, 36350, 36200, 36150, 36050
F&O BAN UPDATE:
Already In Ban: NALCO, Indiabulls Housing
New In Ban: Nil
Out Of Ban: Nil
1.6K viewsEquity 2 Commodity, 03:29
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