LET HAS ANALYSIS NOW NIFTY HAS MAKING LOWER HIGH AND LOWER LOWS AND NIFTY IS TRADING ABOVE ROLLOVER COST AT 10395 SO NOW BULL SHOULD NEED 3CONSECUTIVE CLOSE ABOVE AT 10500 FOR A TARGET 10560/10610/10710 AND BEARISH BELOW 10390 FOR A TARGET OF 10350/10300/10250
For the month of March , longs will get confirmed with 3 consecutive close above 10425 for a initial target of 10550 - 10600 and sustaining / closing above it we can see a further test of 10775 - 10815 . Similarly , shorts will get confirmed with a consecutive close below 10390 for a initial target of 10350 - 10310 and sustaining / closing below it we can see a further test of 10250 - 10210
Nifty FUTURE Levels for the day are
Long above 10510 for TARGET 10535 – 10555 – 10600 , SL 10480 Short below 10468 for TARGET 10430 – 10410 – 10390 , SL 10500