Market Mantra: Nifty & Bank Nifty Fut (15_02_18)

Market Mantra: 15/02/2018 (09:00)

SGX-NF: 10535 (+72)

For the Day: updated: 11:05

Feb-Fut (Key Technical Levels)

Support for NF: 10520/10480-10430/10370

Resistance for NF: 10575/10615-10675/10735

Support for BNF: 25490/25400-25250/25000

Resistance for BNF: 25650/25875-25950/26050

Trading Idea (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10615 area for further rally towards 10675-10735 & 10785-10850 zone in the short term (under bullish case scenario). 

On the flip side, sustaining below 10595 area, NF may fall towards 10520-10480 & 10430-10370 zone in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 25650 area for further rally towards 25875/25950-26050 & 26250-26550 zone in the near term (under bullish case scenario).

On the flip side, sustaining below 25600 area, BNF may fall towards 25490/25400-25250 & 25000-24800 area in the near term (under bear case scenario).

SGX-NF

BNF

SPX-500