Nifty and BankNifty Futures…Technical Analysis Report for 7th March 2017

Standard

Both Nifty and BankNifty Futures in Shortterm Bullish Trend……

Strategy for 7th March

Watch for TrendLine Support of 20559 and 8926 …Below this level…No Positional Longs

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BNF: Sell on Rise to 20851 with strict stoploss @ 20921…..Target for daytraders @ 20628….(Strictly no Positional Shorts )

OR

Buy on Dips to 20628 with Stoploss @ 20559..Intraday Traders Exit @ Target of 20851 ..and others Keep for Positional Target of 21158

 

NF: Sell on Rise to 9011 with strict stoploss @ 9033…..Target for daytraders @ 8946….(Strictly no Positional Shorts )

OR

Buy on Dips to 8946 with Stoploss @ 8926..Intraday Traders Exit @ Target of 9011..and others Keep for Positional Target of 9092

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