Saturday, February 20, 2016

NIFTY VIEW WEEK 20.2.2016

NIFTY:=== ANYALSIS

7194»> NIFTY DAILY CLOSE 7194 WHICH POC LINE.. CRUCIAL SUPPORT
Nifty last 3 days intraday deep holding support  7127-7141 zone.... which is important support zone break below will drift nifty towards 7067-7027 zone...

upside holding above 7194 POC  line jan 7234.5 vah line resis. once cross and close above we will see move in nifty toward 7433 POC resis coming also Feb VAH resis 7473 so next week if nifty hold 7194 and cross 7234.5 nifty will zooom toward 7433-7473 where we will face stiff resis...

also.. expiry week event week railway budget volaitility and stock specfic move is expected.. any deep toward 7127-7067 go long... for better move.... range is 7027-7237 we can see volaitility high during budget time.. range is fixed 6950-7433-7473 so well prepared in panic if come strong buy..... at lower level and also stay cautious at higher level at 7433-7473 if mkt show sharp jump in event day....

banknifty as we stated yesterday during mkt hr...14150 POC we are heading in banknifty at higher side next week 14787 jan VAH  supported by feb VAH 13833 feb VAH resis 15144 watch this higher level some profit booking in zone 14787-15144

Aayeshatech (9904167626)

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