Market Mantra: Nifty/Bank Nifty

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

SGX-NF: 10920 (-114)

For the Day: updated: 10:40

Feb-Fut (Key Technical Levels)

Support for NF: 10870/10840-10800/10760

Resistance for NF: 10965/10995-11055/11105

Support for BNF: 27040/26840-26640/26350

Resistance for BNF: 27350/27500-27650/27850

Trading Idea (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10995 area for further rally towards 11055/11105-11155/11195* & 11255/11285-11305/11350 zone in the short term (under bullish case scenario). 

On the flip side, sustaining below 10965 area, NF may fall towards 10870/10840-10800/10760 & 10715-10660/10630 zone in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 27500-27650 area for further rally towards 27750-27850 & 28075-28405 zone in the near term (under bullish case scenario).

On the flip side, sustaining below 27450-27350 area, BNF may fall towards 27040-26840 & 26640-26350 area in the near term (under bear case scenario).

SGX-NF

SPX-500