tradetechnicalanalyst

Nifty & Bank-Nifty view for 01.03.2021

NSE:NIFTYH2021   S&P CNX NIFTY INDEX FUTURES
DATED 01.03.2021

@@@@@ SPOT LEVELS@@@@
NIFTY CMP 14529
PCR -1.66
RSI -44

RESISTANCE LEVELS 14615-640,*14730-760*, (14823-35 if come today must short one time profit must come)
SUPPORT LEVELS ,14460, if break and sustain below next 14336-14296,14260,

Strong resistance at 14735-755 also has huge oi at 14700-14800, so if come near 14725-55 can short for down side 14615-50
14460 strong support if break and sustain below it may test 14336-290-260

14290-260 one time bounce must come here.

@@@@@ SPOT LEVELS@@@@
B-NIFTY
CMP 34803
PCR-0.80
RSI-49.99
RESISTANCE LEVELS:,35260-320, ,35550, 35650-750-823
SUPPORT LEVELS :-*34650*

banknifty if cross and sustain above 350320 it may test 35490-35650
Banknifty 34650 strong support if break and sustain below it may come down to 34325,34050, * 33700*

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.