Tuesday, 27 March 2018

Market Mantra: Nifty, Bank Nifty and SPX-500 Future (27_03_18)

Market Mantra: 27/03/2018

SGX-NF: 10175 (09:00)

For the Day: updated: 13:05

March-Fut (Key Technical Levels)

Support for NF:

10125/10100-10040/10000-9940/9900-9840/9800

Resistance to NF:

10190/10230-10295/10350-10395/10425-10465/10495

Support for BNF:

24350-24150/23950-23750/23600-23400/23150-22995/22700

Resistance to BNF:

24500/24650-24775/24875-24975/25100-25175/25400

Technical view (Positional):

Technically, Nifty Fut-March (NF) has to sustain over 10230 for a further rally towards 10295/10350-10395/10425-10465/10495 in the short term (under bullish case scenario). 

On the flip side, sustaining below 10210-10190 NF may fall towards 10125/10100-10040/10000-9940/9900 in the short term (under bear case scenario).

Technically, Bank Nifty-Fut (BNF) has to sustain over 24650 for a further rally towards 24775-24875/24975-25100/25175 in the near term (under bullish case scenario).

On the flip side, sustaining below 24600-24550, BNF may fall towards 24350-24150/23950-23750/23600-23400/23150 in the near term (under bear case scenario).

SPX-500: 2673 (LTP)

Support for SPX-500:

2660/2645-2625/2610-2580/2565

Resistance to SPX-500:

2690/2705-2720/2745-2760/2795

Technical View: SPX-500


Technically, SPX-500 now has to sustain over 2690 for 2705/2720-2745/2760-2795/2805; otherwise, sustaining below 2690, it may again come down towards 2660/2645-2625/2610-2580/2565 in the coming days.



SGX-NF



BNF



SPX-500

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