Nifty View Mar 19

Hi,

On Friday we had written: “On crossover above 5437, NF can go up to 5470”.

NF made high of 5482 and crashed.

For lower side we had written: “on remaining below 5414-5394, NF will go up to 5372-5331. Break below it will take NF to 5286”.

After making high of 5482, NF crashed and made low of 5362 initially. After bounce from 5362 given bounce but again crashed and finally made low of 5330.65. 

Today, while updating this SGX nifty is trading at 5338.

Today’s trading levels for Nifty Future:

Resistance: 5378-5384-5397-5437-5489-5527

Support: 5331-5286-5223-5201

Today, on remaining above Friday’s low, NF will attempt for 5378-5384-5397. On crossover and sustaining above 5397 will take NF to 5437. Above that 5489 will provide resistance.

On remaining below Friday’s low NF will go up to 5286. On break below 5286 with volumes will take NF to 5223-5201.

buy  navbahart venture above 207 sl 200 tgt 220

Regards,

analysenifty team