Trading Levels for Nifty Future:
- Resistance 5755
- Breakout 5761
- Pullback after breakout 5746
- Stop for Breakout 5735
- Target for BO 5815 – 5825
- Support 5670
- Breakdown 5664
- Retracement after Breakdown 5680
- Stop for breakdown 5689
- Target for BD 5600 – 5575 – 5525
Stock Future
Bhel:
Breakout 2260 / Stop 2245 / TGT 2295 – 2315
DR Reddy:
Breakdown 1629 / Stop 1643 / TGT 1600 – 1580
Infosys:
Breakout 3288 / Stop 3269 / TGT 3330 – 3350
Mcdowells:
Breakdown 1260 / Stop 1272 / TGT 1220 – 1195
Note:
Breaking BO / BD level, it can bounce to midpoint between BO / BD and STOP. All stops are very powerful and if its takeout after entry level, then trend change will take place.
Happy Trading
C T Ramesh Raja