Nifty & Bank-Nifty view for 16.02.2021
GOOD MORNING FRIENDS.
DATED 16.02.2021
**SPOT LEVELS*****
NIFTY CMP 15314
PCR -1.43
RSI -71.45
RESISTANCE LEVELS 15330 if nifty cross and sustain, it may test 15450-500 soon
SUPPORT LEVELS ,15300,15250
Nifty has strong support at 15250 also has considerable OI at 15300, so if it come down to 15300 near it would be a buy opportunity for Target 15450-500
B-NIFTY
CMP 37306
PCR-1.30
RSI-79 OB
RESISTANCE LEVELS:37550, *37610-650* 37912-38050,38220
SUPPORT LEVELS :-37066-90,36890
Bank nifty has strong support at 37066 and 36890, Also there is considerable OI placed at 37000. so if bank nifty come down today in first half near 37066 must buy for tgt37550-650
DATED 16.02.2021
**SPOT LEVELS*****
NIFTY CMP 15314
PCR -1.43
RSI -71.45
RESISTANCE LEVELS 15330 if nifty cross and sustain, it may test 15450-500 soon
SUPPORT LEVELS ,15300,15250
Nifty has strong support at 15250 also has considerable OI at 15300, so if it come down to 15300 near it would be a buy opportunity for Target 15450-500
B-NIFTY
CMP 37306
PCR-1.30
RSI-79 OB
RESISTANCE LEVELS:37550, *37610-650* 37912-38050,38220
SUPPORT LEVELS :-37066-90,36890
Bank nifty has strong support at 37066 and 36890, Also there is considerable OI placed at 37000. so if bank nifty come down today in first half near 37066 must buy for tgt37550-650