NIFTY AND BANKNIFTY STRATEGY FOR 26-FEB-2018

#.  Nifty closed with positive note 10,491.05 +108.35 (1.04%) made a high of 10,499.10 and low 10,396.65. Overall market trend turn positive and closed with positive note.

#. As per the fund flow FII and PRO’s both have mixed position. where FII has sell and Pro has buy position so we can expect volatile movement.

Intraday NIFTY view:
Trend: Bear
We are neutral on NIFTY  but suggest you please book profit every level. Follow our calls.

NIFTY Index INTRADAY LEVEL

R4 10619 BULL
R3 10566 UP BREAKOUT
R2 10546 UP CAUTION
R1 10534 SELL
PIVOT 10458  
S1 10448 BUY
S2 10436 DOWN CAUTION
S3 10416 DOWN BREAK OUT
S4 10363 BEAR

SGX Nifty
10,553.00 UP+48.50 +0.46%

FII Activity on nifty future:

Index Futures: – 694.44 Crores

Index Options: + 4650.84 Crores

Stock Futures: + 1292.35 Crores

Stock Options: + 67.3 Crores

NIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 10512 10464 10546 10593 10676
SSell 10453 10474 10427 10344 10297

BankNIFTY Future Levels:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 25401 25234 25532 25694 25992
SSell 25209 25260 25097 24800 24637

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