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This updates is only for our students, to provides knowledge on Technical Analysis for study purpose . Others please don’t use it for trading as you don’t know strategies.
What is Nifty and Nifty Bank Future and Option Technical Trend Today?
Nifty options and futures are derived from Nifty 50 index and has lot size of 50 quantity, And Bank Nifty index has lot size of 25 quantity. Trading in Nifty and bank nifty futures or in options chain is very simple comparative to stock trading as you have to track only one. Another best thing is risk reward ratio is always favourable compared to stock futures and options, indices are always better. In Nifty future and option chain trading finding trend is most important and then entry and exit point. In technical analysis one can easily find the Nifty trend today and entry and exit point in Nifty future & option trading. One can easily identify the false signal and levels much before. Using Technical Analysis Chart, we update daily Nifty future trend, nifty support and resistance of both Nifty and Bank Nifty future for Nifty Future and Option chain trader for study purpose before market opening. Check accuracy and importance of Nifty trend technical analysis for one month. Stock trader can also use this data to predict stock market trend. Observe only important Economic news and upcoming financial events from US, EUROPE and ASIA to predict the direction of market. These information and data can be used by new trader or technical trader for study purpose. This update is only for our students, to provides knowledge on Technical Analysis for study.
Nifty Support and Resistance Today
Daily Nifty resistance and support as per pivot point.
Resistance | Pivot Point | Support | ||
R1 | 17011 | 16915 | S1 | 16859 |
R2 | 1767 | S2 | 16763 | |
R3 | 17163 | S3 | 16707 |
Nifty Bank Support and Resistance Today
Daily Nifty Bank resistance and support as per pivot point.
Resistance | Pivot Point | Support | ||
R1 | 35198 | 34942 | S1 | 34773 |
R2 | 35367 | S2 | 34517 | |
R3 | 35623 | S3 | 34348 |