Nifty & Bank-Nifty view for 01.03.2021

NSE:NIFTYH2021120

S&P CNX NIFTY INDEX FUTURES (MAR 2021)NSE

Description

⋅ Mar 1, 2021 3:08 AM

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*

Comments

tradetechnicalanalyst

⋅ Mar 1, 2021 1:16 PM

NIFTY open at 14708 and tested our levels 14725 n corrected up to our target levels 14650 in next 10 min.

Gain 750*60=RS 45000/10 lots

Bank nifty as suggested if sustain above 35320 it may test 35550 target done.

Next short from 14823-35, high of today's trading is 14806 in spot and future level 14839.

All prediction are right .

like and comment if daily analysis require .

Thanks & Regard
jk