Market Mantra: Nifty & Bank Nifty Fut: 12_02_18

Market Mantra: 12/02/2018 (09:00)

SGX-NF: 10480 (-5)

For the Day: updated: 10:45

Feb-Fut (Key Technical Levels)

Support for NF: 10480/10430-10370/10290

Resistance for NF: 10555/10575-10625/10700

Support for BNF: 25400/25250-25000/24800

Resistance for BNF: 25700/25950-26050/26250

Trading Idea (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10575 area for further rally towards 10625-10700 & 10755-10835 zone in the short term (under bullish case scenario). 

On the flip side, sustaining below 10555 area, NF may fall towards 10480-10430 & 10370-10290 zone in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 25700 area for further rally towards 25950-26050 & 26250-26550 zone in the near term (under bullish case scenario).

On the flip side, sustaining below 25650 area, BNF may fall towards 25400-25250 & 25000-24800 area in the near term (under bear case scenario).

SGX-NF

BNF

SPX-500