NIFTY VIEW 14TH FEB

Today’s trading levels for Nifty Future:

Resistance: 5444-5452-5478-5504-5589

Support: 5371-5342-5277

Today on remaining above 5407, NF will try to cross 5444-5452. If NF manages to cross 5444-5452 then NF will zoom to kiss 5504. 5478 may provide small hurdle.

On remaining below 5407, NF will try to break 5371-5368. On break below 5371-5368 will take NF to 5342, a last hope for bulls. If NF breaks this level with huge huge huge volumes and remains below it for 10-15mins then chances are bright for 5277 in few hours only.

For time being (-ve) divergence is negated in NF daily chart but NS daily chart is showing strong (-ve) divergence.

BGR  258 TO 268 YESTRDAY

 BUY RPOWER  ABOVE 107   SL 102   TGT   114

 

Regards,

ANALYSENIFTY TEAM