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Nifty Future and Banknifty Future Monthly Support,Resistance Levels.

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Nifty Future Technical Analysis For Monthly Trading(01-SEP-2017 to 29-SEP-2017):

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

As per Daily Volatality Nifty Future  September Contract Range 358.54 points.

As per Daily Volatality Nifty Future September Contract Fibonacci Retracement BULL ZONE entry level 23.6% is 10021.82.

As per Daily Volatality September Contract Nifty Future Maximum Upside(Bull Zone) Possible Fibonacci Retracement level (100%) is 10295.74. If Nifty Future Reached 100%(10295.74) Fibonacci Retracement level, Profit booking is possible from at this Level(10295.74). If enter above this level more Bullish for September Contract.

As per Daily Volatality September Contract Nifty Future Fibonacci Retracement BEAR ZONE entry level is 9852.58.

As per Daily Volatality  September Contract Nifty Future Maximum Downside(Bear Zone) Possible Fibonacci Retracement level (100%) is 9578.66. If Nifty Future Reached 100%(9578.66) Fibonacci Retracement level, Short Covering is possible from at this Level(9578.66). If enter below this level more Bearish for September Contract.

Nifty Future On 31AUG2017 SEPTEMBER Contract Close Price 9937.20  Crucial for  Bulls This Month(September Contract).

 

Banknifty Future Technical Analysis For Monthly Trading(01-SEP-2017 to 29-SEP-2017):

As per Daily Volatality Banknifty Future September Contract Range 983.61 points.

As per Daily Volatality Banknifty Future September Contract Fibonacci Retracement BULLZONE entry level 23.6% is 24585.83

As per Daily Volatality September Contract Banknifty Future Maximum Upside(Bull Zone) Possible Fibonacci Retracement level (100%) is 25337.31. If Banknifty Future reached 100%(25337.31) Fibonacci Retracement Level, Profit booking is possible from at this Level(25337.31). If enter above this Level more Bullish for September Contract.

As per Daily Volatality Banknifty Future September Contract Fibonacci Retracement BEARZONE entry level 23.6% is 24121.57.

As per Daily Volatality September Contract Banknifty Future Maximum Downside(Bear Zone) Possible Fibonacci Retracement level (100%) is 23370.09. If Banknifty Future reached 100%(23370.09) Fibonacci Retracement Level, Short Covering is possible from at this Level(23370.09). If enter below this level more Bearish for September Contract.

Banknifty Future On 31AUG2017 SEPTEMBER Contract Close Price 24353.70  Crucial for Bulls This Month(September Contract). 

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