tradetechnicalanalyst

Nifty & Bank-Nifty view for 18.02.2021

NSE:BANKNIFTYG2021   BANKNIFTY INDEX FUTURES
Good morning Friends.
DATED 18.02.2021

**SPOT LEVELS*****
NIFTY CMP 15208
PCR -1.31
RSI -66.92

RESISTANCE LEVELS 15245,15300-330
SUPPORT LEVELS ,15165-150,*15075-65*,

Nifty has resistance at 15245, also has huge OI at 15300, it may correct from here, lower levels for target 15150,15075

B-NIFTY
CMP 36910
PCR-1.10
RSI-74
RESISTANCE LEVELS:37170,37250-310
SUPPORT LEVELS :-36770,36570-475,

Banknifty, there is resistance at 37077-37150 , if banknifty test upper levels and break 37000 at lower side ,it may come down to 36840,36770,36570
Comment:
BNaknifty tested lower levels 36770
Trade closed: target reached:
NIFTY N BANKNIFTY all targets done. bumper profit.
Nifty 145*75*10= more than 1 lakh/10 lots
banknifty 430*25*10= more than 1 lakh/10 lots

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