Technical Analysis Report for 10th March 2017


Shortterm Bullish Trend continues for BankNifty and Nifty Future trading with a  Bearish outlook

Watch for TrendLine Support of 20627  …Below this level…No Positional Longs

Trendline Hurdle for NF @ 9003…No Short Positions above this level

BNF: Sell on Rise to 20895 with strict stoploss @ 20960…..Target for daytraders @ 20690….(Strictly no Positional Shorts )


Buy on Dips to 20690 with Stoploss @ 20627..Intraday Traders Exit @ Target of 20895..and others Keep for Positional Target of 21158


NF: Sell on Rise to 8984 with strict stoploss @ 9003…..Target for daytraders @ 8924….


Buy on Dips to 8924 with Stoploss @ 8905..Intraday Traders Exit @ Target of 8984…(No Positional longs Reccomended)


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