Market Mantra: 16/03/2018 (09:00)
SGX-NF: 10324 (-42 points)
For the Day: updated: 13:00
March-Fut (Key Technical Levels)
Support for NF:
Resistance to NF:
Support for BNF:
Resistance to BNF:
SPX-500: 2753 (LTP)
Support for SPX-500:
Resistance to SPX-500:
Technical View (Positional):
Technically, Nifty Fut-Jan (NF) has to sustain over 10405 for a further rally towards 10455/10495-10535/10605 in the short term (under bullish case scenario).
On the flip side, sustaining below 10385-10350 NF may fall towards 10285-10240/10180-10140/10100 in the short term (under bear case scenario).
Technically, Bank Nifty-Fut (BNF) has to sustain over 24950 for a further rally towards 25100/25250-25450/25550 in the near term (under bullish case scenario).
On the flip side, sustaining below 24900, BNF may fall towards 24750/24650-24500/24400-24150/24000 in the near term (under bear case scenario).
Technical View: SPX-500
Technically, SPX-500 now has to sustain over 2785 for 2805/2815-2835/2865-2880; otherwise, sustaining below 2775, it may again come down towards 2745/2725-2695/2675-2645/2620 in the coming days.