Free Check accuracy for one month of our Nifty and Bank nifty future and option chain technical Trend posted below daily before market open @8.45AM to learn. Then join Online Advance Technical Analysis Course. Also watch what our Trainees from different states say about this course.


www.niftytrend.in
NIFTY TREND TODAY
Date : 06-August-2020
Technical Trend

This page is only for our trainees, provides basic knowledge on Technical Analysis for study purpose . Others please don't use it.    

 

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NIFTY TREND TODAY- 8.45 AM- - Nifty today(spot) Technical chart pattern indicating Nifty sustained above 15 DMA yesterday. But in micro level using chapter 3 strategy shown in Online Advance Technical Analysis Training   you will find that Nifty couldn't sustained above 61.8% false level. Today is RBI policy and option trainee should apply strategy to identify range market much before to avoid time decay. So today Nifty may open flat near 11100 and may move sideways above 11075. So in initial hour expect range market between 11075 and 11137(61.8%) false level. Watch if interest rate is unchanged by RBI then Nifty may further slip towards 11046 and 10976. In case of rate cut by 0.25% expect Nifty @11242. Today is expiry but due to RBI event expiry strategy may not work but wait for BN pattern in second half to apply strategy to get 4-5 times. So today trainee should use chapter 3, 5 in initial hour and then 7 to find trend and levels much before as with out trend no strategy works. Track Bank Nifty Intraday trend. We post for the whole day and in case of any news in middle or sudden trend change Option and Future trainee should use Chapter 9 technical strategy shown in Online Advance technical analysis training to avoid loss at any condition as you can get chance everyday. 

Watch E-Technical Analysis Training course details and what our trainees say about training. Be independent and beat recession.

Option and Future should Track Europe market index after 1.30 pm in SGX Nifty page for next trend of Nifty..                                

Support & Resistance

Watch Stock Pivot, Support and Resistance in "PIVOT POINT" page.

 

Nifty Pivot Point- 11136

Nifty Support level is at   11075, 11046, 10976, 10914

Resistance is at    11208,  11242

Test Nifty's unique Support and Resistance which you can't find any where. Check

Watch E-Technical Analysis Training course details and what our trainees say about training. Be independent and beat recession.

News

Get Upcoming major events and only Important News which may impact Stock Market Trend.

 

  • INDIAN data to watch- Watch on Thursday RBI policy, previous interest rate 4%, forecast 3.75%.

  • US data to watch- NA

  • CHINA News- NA

Other Important Pages

Trick for Nifty Option Chain trader

Nifty Future and option chain depends upon the trend of Nifty. Nifty future trader can find the technical trend of Nifty future and nifty option chain to trade in future segment. In case Option segment do technical analysis, find trend and then perfect entry and exit point. If the trend is positive then buy “CALL” option and watch the support and resistance mentioned here for next trend and your entry and exit point. In case negative trend Buy “PUT” option and wait for support levels to exit or hold.

Use news sections to know the upcoming important financial events worldwide which can impact Nifty and Bank nifty trend. Day trader and Positional trader generally use upcoming important events to make strategy. Example- Before RBI policy, election or any important financial event Nifty generally rally. So if you can know event date much before then you can participate and make profit. In case of day trading if you know today’s financial event which can change trend off stock market then you can Hedge your position or avoid trading and protect your fund from volatility.

What is Nifty Future trend today and Nifty option chain technical trend today?

Nifty Future is derived from Nifty 50 and has lot size 75. Trading in Nifty future or in option chain is very easy comparative to stock trading as you have to track only one. Another best thing is risk reward ratio is always favourable compared to stocks. 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 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 open. Check accuracy and importance of Nifty trend technical analysis for one month. Stock trader can also use this data to predict stock market trend. Get 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.