Market Mantra: Nifty and Bank Nifty Future (13_03_18)

Market Mantra: 13/03/2018 (09:00)

SGX-NF: 10425 (-8 points)

For the Day: updated: 12:05

March-Fut (Key Technical Levels)

Support for NF:

10415/10370-10325/10285-10240/10180

Resistance to NF:

10485/10515-10560/10595-10660/10750

Support for BNF:

24700/24500-24300/24150-24000/23850

Resistance to BNF:

24900/25100-25300/25400-25550/25800

Technical View (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10515 areas for a further rally towards 10560/10595-10660/10750 zones in the short term (under bullish case scenario). 

On the flip side, sustaining below 10485 areas, NF may fall towards 10415/10370-10325/10285-10240/10180 zones in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 25100 areas for a further rally towards 25300-25400/25550-25800/26050 zones in the near term (under bullish case scenario).

On the flip side, sustaining below 25050-24900 areas, BNF may fall towards 24700/24500-24300/24150-24000/23850 zones in the near term (under bear case scenario).

SGX-NF

BNF

SPX-500