tradetechnicalanalyst

Nifty & Bank-Nifty view for 04.03.2021

NSE:BANKNIFTYH2021   BANKNIFTY INDEX FUTURES
DATED 05.03.2021
Good Morning Friends

@@@@@ SPOT LEVELS@@@@
NIFTY CMP 15106
PCR -1.74 over bought
RSI -55.49
VIX-24.15

RESISTANCE LEVELS ,15080
SUPPORT LEVELS ,14960, 14870,14770,14640

if nifty open near 14960 and sustain below , it may correct more up to 14870-14823

B-NIFTY
CMP 35802
PCR-0.98
RSI-55
RESISTANCE LEVELS:36150
SUPPORT LEVELS :-35550-430,35305,35035-34980

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