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 |
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