Market Mantra: Nifty and Bank Nifty Future (06_03_18)

Market Mantra: 06/03/2018

SGX-NF: 10405 (+48 points)

For the Day: updated: 11:10

March-Fut (Key Technical Levels)

March-Fut (Key Technical Levels)

Support for NF: 10390/10350-10290*/10240

Resistance for NF: 10450/10490*-10550/10650

Support for BNF: 24800/24650-24450*/24300

Resistance for BNF: 25100/25300*-25450/25675

Technical View (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10450 areas for a further rally towards 10490-10550 and 10590-10650 zones in the short term (under bullish case scenario). 

On the flip side, sustaining below 10430 areas, NF may fall towards 10390-10350 and 10290-10240 zones in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 25300 areas for a further rally towards 25450-25675 and 25800-26050 zones in the near term (under bullish case scenario).

On the flip side, sustaining below 25250-25100 areas, BNF may fall towards 24800-24650 and 24450-24300 zones in the near term (under bear case scenario).

SGX-NF

BNF

SPX-500