Month: February 2020
No Chances of Reversal Yet. DOW OPEN -500 NOW -650. NIFTY TRADING BELOW 11470 WILL BE WORST.
NIFTY AS LONG HOLDING BELOW 11790 IS WEAK AND PRICE WILL MOVE TOWARDS 11580-11500 LEVELS. IF GLOBAL MKT REMAIN WEAK OVERNIGHT THEN AGAIN GAP DOWN OPENING POSSIBLE. IF TURNAROUND THEN WE CAN SEE BOUNCE TILL 11750-11790 LEVELS.
EXPIRY RANGE: 11566-11790.
SUPPORT: 11639-11600-11580-11534-11500-11471.
RESISTANCE: 11700-11718-11757-11790-11823.
NIFTY OPTION FOR 27/02/2020:
BUY 11650 CE 27 FEB@83+ STOP 69 TGT 98-111-117-124-139.
BUY 11750 PE 27 FEB @90+ STOP 75 TGT 103-119-130-148-160.
PE TO BUY BELOW 11655 NS, CE ABOVE 11716 NS.
BANK NIFTY FUTURE FOR 19/02/2020
BUY BNF@30755+ STOP 30670 TGT 30823-30879-30945.
SHORT BNF@30530 STOP 30625 TGT 30460-30400-30240.
NIFTY FUTURE FOR 19/02/2020
BUY NF@12048+ STOP 12018 TGT 12068-12088-12110.
SHORT NF@11975 STOP 12005 TGT 11955-11919-11890