Market Mantra/Nifty & Bank Nifty Fut (09/02/2018)

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

SGX-NF: 10372 (-200)

For the Day: updated: 10:30

Feb-Fut (Key Technical Levels)

Support for NF: 10330/10280-10230/10180

Resistance for NF: 10400/10450-10490/10535

Support for BNF: 25300/25150-24800/24550

Resistance for BNF: 25500/25700-25800/26050

Trading Idea (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10450 area for further rally towards 10490-10535 & 10585-10650 zone in the short term (under bullish case scenario). 

On the flip side, sustaining below 10430 area, NF may fall towards 10330/10280-10230 & 10180-10075 zone in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 25700 area for further rally towards 25800-26050 & 26200-26350 zone in the near term (under bullish case scenario).

On the flip side, sustaining below 25650 area, BNF may fall towards 25500/25300-25150 & 24800-24550 area in the near term (under bear case scenario).

SGX-NF

BNF

SPX-500