Thursday, August 8, 2019

Nifty and Banknifty future trading strategy 8th Aug 2019



Nifty future trading below continue our breakdown level intraday 10911. Nifty future short term trading continue bear, Nifty future short trading level 10870 - 11160.Trading below 10870 bear sell on rise, resistant 11160.

Nifty future intraday will be bounce, bcz of weekly expiry sell on rise. Nifty future intraday level 10884 - 10965.Trading below 10884 bear, trading on 10965 bullish.

Banknifty future continue bear trend.  Bannifty future short term level 27770 - 29085.Trading below 27770 bear, sell on rise resistant 29085.

Banknifty future intraday level 27770 - 28150.Trading below 27770 bear, trading on 28150 bullish.

PCR near oversold 0.97 , VIX 16.74. Globel :Neutral , FII : Neutral , DII: Neutral, Trend : Negative.