Tuesday, 20 March 2018

Market Mantra: Nifty, Bank Nifty and SPX-500 Future (20_03_18)

Market Mantra: 20/03/2018 (09:00)

SGX-NF: 10080 (-43 points)

For the Day: updated: 12:25

March-Fut (Key Technical Levels)

Support for NF:

10030/9995*-9970/9950-9880/9815-9745/9705

Resistance to NF:

10150/10200*-10250/10280-10355/10410-10455/10495

Support for BNF:

24250/24150-23950*/23850-23600/23400

Resistance to BNF:

24550/24650-24850*/24950-25100/25250-25400/25600

SPX-500: 2723 (LTP)

Support for SPX-500:

2715/2700-2685/2660-2645/2620

Resistance to SPX-500:

2745/2765-2785/2805-2815/2835

Technical View (Positional):

Technically, Nifty Fut-Jan (NF) has to sustain over 10200 for a further rally towards 10250/10280-10355/10410-10455/10495 in the short term (under bullish case scenario). 

On the flip side, sustaining below 10180 NF may fall towards 10070-10030/9995-9970/9950-9880/9815-9745/9705 in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 24550 for a further rally towards 24650/24850-24950/25100-25250/25400 in the near term (under bullish case scenario).

On the flip side, sustaining below 24500-24450, BNF may fall towards 24250-24150/23950-23850/23600-23400 in the near term (under bear case scenario).

Technical View: SPX-500


Technically, SPX-500 now has to sustain over 2745 for 2765/2785-2805/2815-2835/2865; otherwise, sustaining below 2730, it may again come down towards 2715-2700-2685/2645-2620/2610 in the coming days.



SGX-NF


BNF


SPX-500

No comments:

Post a Comment