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Ashish Ghosh is a NCFM certified research analyst for the global and Indian financial markets. With more than 15 years of experience in the capital market, Ashish has been published in high-profile online media regularly. He holds a B.Sc. in Math along with NCFM certification for Technical and Fundamental analysis. Presently, he is working with iForex as a financial analyst/content writer since 2017, analyzing mainly the global and Indian markets. You can reach him through Gmail/telegram ID: asisjpg

Monday, 22 February 2016

Nifty Fut(Feb): Need To Sustain Abv 7285-7375 For Further Rally

For NF, only consecutive closing above 7375, expect 7625-7700 zone;
Otherwise, may again fall towards 6940-6855 area 

We may see a lackluster budget (non-event ??) in the coming week
And current parliament session may be another wash out for high political drama

Globally, all eyes will be on the actual action of the CB(s) 
And any co-ordinated approach in the forthcoming G-20 meet in China 


Trading Levels: Nifty Fut (Feb)

SGX-NF: 7215 (CMP)

NSE-NF: 7205 (LTP)


  SL (+/-) 10 POINTS FROM SLR          
               
For Intraday Swing  Trader          
      T1 T2 T3 T4 T5 SLR
Strong > 7285   7305-335* 7375-410 7435-495* 7545-565 7590-625* <7265
                 
Weak < 7265   7245-225* 7195-150 7135-100* 7075-020 6975-940 >7285









FOR  Conservative Positional Trader













      T1 T2 T3 T4 T5 SLR
Strong > 7285   7335* 7410 7495* 7565 7625-700* <7265
                 
Weak < 7265   7225* 7150 7100* 7020 6940-855* >7285
               

Analytical Charts:












 

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