Thursday, 11 February 2016

Bank Nifty (Feb): Need To Stay Abv 14700-800 Zone For Any Recovery--

For BNF, sustaining above 14800 zone, 
expect a short term bounce towards 15150-350 area;

Otherwise, below 14600-450 zone, 
can fall towards 14000-13700 zone in the near term

Apart from global market turmoil, there may be more pains 
for stressed assets (RBI-AQR) up to Q2FY16


Trading Levels:

BNF (Feb): 14650 (LTP)

SL=+/-  25 POINTS FROM  SLR
         




















For Intraday Swing  Trader
           




     
   
      T1 T2 T3 T4 T5 SLR  
Strong > 14500   14650-690 14750-800* 14950-995 15082-150* 15300-350 <14450  
                   
Weak < 14450   14390-250 14125-020* 13980-900 13825-735* 13490-385 >14500  
                   
                   
FOR  Conservative Positional Trader            
                   
      T1 T2 T3 T4 T5 SLR  
Strong > 14500   14690 14800* 14995 15150* 15350-570 <14450  
                   
Weak < 14450   14250 14020* 13900 13735* 13385-315 >14500  



Analytical Charts:








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