Thursday, February 15, 2018

Update on the Indexes - Nifty and Banknifty Spot - EOD 14-2-2018

Nifty Spot
10456-10501 Crucial on the downside
10577-10591 Crucial on the upside

Banknifty Spot
25212-25342 Crucial on the downside
25811-25921  Crucial on the upside

This is a highly complicated trading environment and day to day trading time. Broadly 10400-10600 range trading going on in Nifty and 25200-25800 in Banknifty.

Range breakout will determine the next move. Expected b-wave after the last fall of 6 days enters the 6th day today.  Friday will be crucial.

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