FOR 09 AUGUST 2018 THURSDAY
NIFTY CASH CLOSES AT 11450
11464 is the first resistance followed by 11478. If it will cross 11478 for few minutes with good volume than expect it to jump over 11512 also.
11366 is the direct first support and 11348 is the Sl for long positions.
If it breaks 11348 with good volume for 15 minutes than expect 11284 to 11288. And 11124 for max to max and bounce back from there for sure.
REMEMBER :
I advised on Tuesday to short sell for target of 11368 and it successfully achieved.
But it has also made same pattern for week / month charts also and it may anytime touch 11188 to 10862 even for a second also for the cause to attend technical rules. So If you buy, just keep booking your profits frequently.
POSITIONAL LEVELS FOR WEEK OR MONTH
SUP : 11212 - 10988 - 10910
RES : 11432 - 11466
TATAMTDVR
Yesterday advised to buy with some SL and it went on to touch 143.50 one way upside.
Today, 139 is the first support followed by 137 for short term strong support.
Upside let it cross and close above 144 for just 2 days and you will see one way no stop 162
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