Tuesday, February 23, 2016

Update on Nifty Future

Strength above 7141 only. 7115 should hold to prevent further falls.

Update on Nifty Spot

7125-7135 range Nifty likely to find support in worst case for Nifty Spot. EOD close below 7133 Spot will be bearish unless recaptured the next day.

Update on Nifty Future

7168 is key to more falls and intraday Buy above / Sell below level.

Update on Nifty Future

7216 will be strong resistance for the day.

Update on Nifty Future

Prices have reached buying zone 7170-7190, if 7168 (modified) holds expect pullback!  Strength sustaining above 7196.

Update on Nifty Future

7196-7206 Big Support Zone, if breaks below more weakness expected.