Monday, February 12, 2018

Update on the Indexes - Nifty and Banknifty

Firm close and sustainence above 10577 and 25921 will be key EOD basis going forward for Downtrend continuation or deep correction ! It will remain open if the indexes can't take them out.

Nifty and Banknifty Spot Update

Nifty Spot is a sell below 10553 Banknifty Spot is a sell below 25954, keep selling all rallies till Indexes firmly recovers above the levels!  Observe the indices together.  

Gann Resistances as before at 10600 and 26000 for the Indexes.