tradetechnicalanalyst

Nifty & Bank-Nifty view for 22.02.2021

NSE:BANKNIFTYG2021   BANKNIFTY INDEX FUTURES
Good morning Friends.
DATED 22.02.2021

@@@@@future LEVELS@@@@
NIFTY CMP 14987
PCR -0.80
RSI -58.2

RESISTANCE LEVELS 15060-77,15100,15150-165
SUPPORT LEVELS ,14980,14900,14755

Nifty has huge resistance at 15060,151000 and also has huge OI AT 15200 so most difficult to cross 15200 today.

B-NIFTY
CMP 35849
PCR-0.80
RSI-62
RESISTANCE LEVELS:36080,36345-405
SUPPORT LEVELS :-35500-35450,*35098-35000*

Banknifty, there is huge OI at 36000 also has resistance at 36080, can short with sl 50-60 point for target 35570
Comment:
banknifty high 36116 now low 35720.
Gain 300*250=Rs 75000/10 lots
Trade closed: target reached:
target done gain 500*250=more than 1lakh/10 lots

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