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Nifty Future and Banknifty Future Monthly Support,Resistance Levels.

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Nifty Future Technical Analysis For Monthly Trading(28-JUL2017 to 31-AUG-2017):

As per Daily Volatality Calculation Nifty Future and Banknifty Future August Contract Fibonacci Retracement levels acts like a Support and Resistance levels.

As per Daily Volatality Nifty Future  August Contract Range 285.77 points.

As per Daily Volatality Nifty Future August Contract Fibonacci Retracement BULL ZONE entry level 23.6% is 10130.89.

As per Daily Volatality August Contract Nifty Future Maximum Upside(Bull Zone) Possible Fibonacci Retracement level (100%) is 10349.22. If Nifty Future Reached 100%(10349.22) Fibonacci Retracement level, Profit booking is possible from at this Level(10349.22). If enter above this level more Bullish for August Contract.

As per Daily Volatality August Contract Nifty Future Fibonacci Retracement BEAR ZONE entry level is 9996.01.

As per Daily Volatality  August Contract Nifty Future Maximum Downside(Bear Zone) Possible Fibonacci Retracement level (100%) is 9777.68. If Nifty Future Reached 100%(9777.68) Fibonacci Retracement level, Short Covering is possible from at this Level(9777.68). If enter below this level more Bearish for August Contract.

Nifty Future On 27JUL2017 August Contract Close Price 10063.45  Crucial for  Bulls This Month(August Contract).

 

Banknifty Future Technical Analysis For Monthly Trading(28-JUL2017 to 31-AUG-2017):

As per Daily Volatality Banknifty Future August Contract Range 820.97 points.

As per Daily Volatality Banknifty Future August Contract Fibonacci Retracement BULL ZONE entry level 23.6% is 25185.55.

As per Daily Volatality August Contract Banknifty Future Maximum Upside(Bull Zone) Possible Fibonacci Retracement level (100%) is 25812.77. If Banknifty Future reached 100%(25812.77) Fibonacci Retracement Level, Profit booking is possible from at this Level(25812.77). If enter above this Level more Bullish for August Contract.

As per Daily Volatality Banknifty Future August Contract Fibonacci Retracement BEAR ZONE entry level 23.6% is 24798.05.

As per Daily Volatality August Contract Banknifty Future Maximum Downside(Bear Zone) Possible Fibonacci Retracement level (100%) is 24170.83. If Banknifty Future reached 100%(24170.83) Fibonacci Retracement Level, Short Covering is possible from at this Level(24170.83). If enter below this level more Bearish for August Contract.

Banknifty Future On 27JUL2017 August Contract Close Price 24991.80  Crucial for Bulls This Month(August Contract). 

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