Monday 15 February 2016

Bank Nifty (Feb): 13780-730 Zone Is Big Support For A Relief Rally Up To 14500-800 Area

Expect some pre-budget relief rally supported by positive global cues;
 Sustaining above 13730-14000 area, BNF may scale 14500-14800 zone

But keep in mind that consecutive closing below 13730 zone for any reason, 
BNF may also fall up to 13275-12800 zone

Trading Levels: BNF (Feb)

LTP: 13930


SL=+/-  25 POINTS FROM  SLR
       


















For Intraday Swing  Trader
         




     
 
      T1 T2 T3 T4 T5 SLR
Strong > 13780-990   14050-165 14275-350 14405-510* 14585-615 14675-800* <13730
                 
Weak < 13730   13630-580 13535-385 13315-275* 13200-115 12875-800* >13780
                 
                 
FOR  Conservative Positional Trader          
                 
      T1 T2 T3 T4 T5 SLR
Strong > 13780-990   14165 14350 14510* 14615 14800 <13730
                 
Weak < 13730   13580 13385 13275* 13115 12800* >13780



Analytical Charts:

















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