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09 Feb 2017

Nifty Price Today's View & Levels BEARs will try to control the market today.

Today's market Set up & Sentiments among traders are MIXED.

Some Traders are willing to book profits(SELL) and some are looking for dips to buy more. Today one can find plenty of buyers on dips & plenty of sellers on rising. No one(bulls-bears) are dominating for the full trading day.

One has to consider the above for Nifty Price Today's View & Levels.

NIFTY- SUPPORT & RESISTANCE, Where to Enter & Exit

SUPPORT: NIFTY should find its SUPPORT around 8712 marks. RESISTANCE: NIFTY will have RESISTANCE around 8803 marks. Since BEARs will have upper hand today, one should SELL NEAR RESISTANCE of 8803 & Target will be 8712 stop-loss will be 8832 (P.S- Support/resistance level/stop loss levels are given above --based on NIFTY SPOT price) BANK NIFTY-SUPPORT & RESISTANCE Where to enter & Exit SUPPORT: NIFTY should find its SUPPORT around 20182 marks.

RESISTANCE: NIFTY will have RESISTANCE around 20400 marks. Since BEARs will have upper hand today, one should SELL NEAR RESISTANCE of 20400 & Target will be 20182 stop-loss will be 20471 (P.S- Support/resistance level/stop loss levels are given above --based on BANK NIFTY SPOT price)

Nifty price today's View & Levels-commentary Knowing all the above, what you should do

Last trading session was a dull and lackluster day. As a normal rule, the dull market gives an opportunity to buy, but It seems that market had made it short term top. So, It very mixes signals for a day. Up Trend might reverse from this level as well. As below two reasons will have more influence today. 1.Traders (BULLs) are somewhat satisfied with profit and book profit on a higher level today. 2.Traders(Bears) will sell short on higher levels. So, SELL around RESISTANCE level is dominating strategy. Disclaimer Tactical Venture is in compliance with SEBIs Research Analyst 2014 regulation.

Before making recommendations, SEBI has asked individual analysts to register with SEBI. However, analyst allowed to comments on general trends of Security markets & allowed for discussion on broad-based Indices & General market condition. Technical Analysis relating to demand and supply in a Sector or an Index is permissible. At Tactical Venture w.e.f 1st December 2014, all posts are in compliance with the new regulation of SEBI. Nifty Price Todays View & Levels will be under the scope of SEBI guidelines.

Tactical-venture-Advisor

08 Feb 2017

Nifty Price Today's View & Levels

BEARs will Try to control the market today.

Today's market Set up & Sentiments among traders are MIXED(POSITIVE+NEGATIVE) today. Some Traders are willing to book profits(SELL) and some are Looking for dips to Buy more.

Today one can find plenty of buyer on dips & plenty of seller on rising. No one(bulls-bears) are dominating for the full trading day. one has to consider above for Nifty Price Today's View & Levels.

NIFTY- SUPPORT & RESISTANCE

Where to enter & Exit

SUPPORT: NIFTY should find its SUPPORT around 6692 marks.
RESISTANCE: NIFTY will have RESISTANCE around 6765 marks.
Since BEARs will have upper hand today, one should SELL NEAR RESISTANCE of 6765 & Target will be 6692 stop-loss will be 6796

(P.S- Support/resistance level/stop loss levels are given above --based on NIFTY SPOT price)

BANK NIFTY-SUPPORT & RESISTANCE

Where to enter & Exit

SUPPORT: NIFTY should find its SUPPORT around 20104 marks.
RESISTANCE: NIFTY will have RESISTANCE around 20326 marks.
Since BEARs will have upper hand today, one should SELL NEAR RESISTANCE of 20326 & Target will be 20104 stop-loss will be 20409

(P.S- Support/resistance level/stop loss levels are given above --based on NIFTY SPOT price)

Nifty price today's View & Levels-commentary

Knowing all above, what you should do

It seems Like UP-trend has exhausted on last trading day. It seems it has started its journey on the downside. Traders are now like to follow the trend on the downside. if a market starts going down from first half itself, It will lead to considerable fall on second half As trader sells out of "FEAR". Today "CAUTION" is the key word to make bulls stay at bay & bears will come with Bang. SHORT on RESISTANCE LEVEL OR MINOR RISE is dominating strategy for the day.

Disclaimer Tactical Venture is in compliance with SEBIs Research Analyst 2014 regulation. Before making recommendations, SEBI has asked individual analysts to register with SEBI. However, analyst allowed to comments on general trends of Security markets & allowed for discussion on broad-based Indices & General market condition. Technical Analysis relating to demand and supply in a Sector or an Index is permissible. At Tactical Venture w.e.f 1st December 2014, all posts are in compliance with the new regulation of SEBI. Nifty Price Todays View & Levels will be under the scope of SEBI guidelines.

Tactical-venture-Advisor

07 Feb 2017

Nifty Price Today's View & Levels

BEARs will Try to control the market today.

Today's market Set up & Sentiments among traders are MIXED(POSITIVE+NEGATIVE) today. Some Traders are willing to book profits(SELL) and some are Looking for dips to Buy more.

Today one can find plenty of buyer on dips & plenty of seller on rising. No one(bulls-bears) are dominating for the full trading day. one has to consider above for Nifty Price Today's View & Levels.

NIFTY- SUPPORT & RESISTANCE

Where to enter & Exit

SUPPORT: NIFTY should find its SUPPORT around 8750 marks.
RESISTANCE: NIFTY will have RESISTANCE around 8819 marks.

Since BEARs will have upper hand today, one should SELL NEAR RESISTANCE of 8819 & Target will be 8750 stop-loss will be 8857

(P.S- Support/resistance level/stop loss levels are given above --based on NIFTY SPOT price)

BANK NIFTY-SUPPORT & RESISTANCE

Where to enter & Exit

SUPPORT: NIFTY should find its SUPPORT around 20264 marks.
RESISTANCE: NIFTY will have RESISTANCE around 20439 marks.

Since BEARs will have upper hand today, one should SELL NEAR RESISTANCE of 20439 & Target will be 20264 stop-loss will be 20651

(P.S- Support/resistance level/stop loss levels are given above --based on NIFTY SPOT price)

Nifty price today's View & Levels-commentary

Knowing all above, what you should do

The market has risen very much in few trading session. Still, There is no real sign of selling pressure. If you see a NIFTY Price rise by a good amount (40-50 points), then profit booking selling may come. Mindwell, it will be minor profit book. As On rise traders are please with profit and take it to home. It is prudence to create a LONG position as per our support level only. Do not buy at a higher level today.BUY AROUND SUPPORT LEVEL & Book profit on the rise is Dominating strategy.

Disclaimer Tactical Venture is in compliance with SEBIs Research Analyst 2014 regulation. Before making recommendations, SEBI has asked individual analysts to register with SEBI. However, analyst allowed to comments on general trends of Security markets & allowed for discussion on broad-based Indices & General market condition. Technical Analysis relating to demand and supply in a Sector or an Index is permissible. At Tactical Venture w.e.f 1st December 2014, all posts are in compliance with the new regulation of SEBI. Nifty Price Todays View & Levels will be under the scope of SEBI guidelines.

Tactical-venture-Advisor

06 Feb 2017

Nifty Price: Today's View and Levels

BULLS will try to control the market today. Today's market set up & sentiments among traders seems VERY STRONG. Traders are now willing to BUY at an even higher level than yesterday's close. Today one can find plenty of buyer on dips & plenty of seller on rising.

No one(bulls-bears) are dominating for the full trading day. One has to consider the above for Nifty Price Today's View & Levels.

SUPPORT & RESISTANCE

Where to enter & Exit SUPPORT: NIFTY should find its SUPPORT around 8755 marks.

RESISTANCE: NIFTY will have RESISTANCE around 8826 marks.

Since BULLs will have the upper hand today, one should BUY NEAR SUPPORT of 8755

Target will be 8826 & stoploss will be 8706 (P.S- Support/resistance level/stop loss levels are given above --based on NIFTY SPOT price)

Commentary

Knowing all of the above, what you should keep in mind:

Last trading session was a dull and lackluster day. As a normal rule, the dull market gives an opportunity to buy. Thus traders should use dips to buy more today. Many shorts also get covered to book profit today.

Make sure you do not create a long position on a higher level, as profit booking may happens at higher levels.

BUY AROUND SUPPORT LEVEL & book profit on the rise is the dominating strategy.

Disclaimer Tactical Venture is in compliance with SEBIs Research Analyst 2014 regulation. Before making recommendations, SEBI has asked individual analysts to register with SEBI. However, analysts are allowed to comment on general trends of Security markets & allowed for discussion on broad-based Indices & General market condition. Technical Analysis relating to demand and supply in a Sector or an Index is permissible. At Tactical Venture w.e.f 1st December 2014, all posts are in compliance with the new regulation of SEBI. Nifty Price Todays View & Levels will be under the scope of SEBI guidelines.

Tactical-venture-Advisor

04 Feb 2017

Nifty Price Todays View & Levels

BULLs will Try to control the market today.

Todays market Set up & Sentiments among traders are MIXED(POSITIVE+NEGATIVE) today. Some Traders are willing to book profits(SELL) and some are Looking for dips to Buy more.
Today one can find plenty of buyer on dips & plenty of seller on rising. No one(bulls-bears) are dominating for the full trading day. one has to consider above for Nifty Price Todays View & Levels.

SUPPORT & RESISTANCE

Where to enter & Exit

SUPPORT: NIFTY should find its SUPPORT around 8707 marks.
RESISTANCE: NIFTY will have RESISTANCE around 8787 marks.
since BULLs will have the upper hand today, one should BUY NEAR SUPPORT of 8707 Target will be 8787 & stop-loss will be 8658
(P.S- Support/resistance level/stop loss levels are given above based on NIFTY SPOT price)

Nifty price todays View & Levels-commentary

Knowing all above, what you should do

Last trading session was a dull and lackluster day. As a normal rule, the dull market gives an opportunity to buy. Thus Trader should use dips to buy more today. Many shorts also get covered to book profit today. Make sure you do not create a long position on a higher level, as profit booking May happens at higher levels. BUY AROUND SUPPORT LEVEL & book profit on the rise is Dominating strategy.

Disclaimer Tactical Venture is in compliance with SEBIs Research Analyst 2014 regulation. Before making recommendations, SEBI has asked individual analysts to register with SEBI. However, analyst allowed to comments on general trends of Security markets & allowed for discussion on broad-based Indices & General market condition. Technical Analysis relating to demand and supply in a Sector or an Index is permissible. At Tactical Venture w.e.f 1st December 2014, all posts are in compliance with the new regulation of SEBI. Nifty Price Todays View & Levels will be under the scope of SEBI guidelines.