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Thursday, February 16, 2017

(2) Nifty & Bank Nifty Trading Levels For 16/02/2017 ::


-          Nifty Spot ::
-          Long bearish insider day breakdown candle with average volume..
-          MSi ( My-Charts Sentiment indicator) turn down from 42 to 19..
-          Short term indicator turn down from overbought zone..
-          Overall short term manipulated momentum turn bearish as far as Nifty stay below 8754/8765..
-          In between in intraday trading on 16th Feb. Above 8731 buy with stop-loss 8715.. Below 8715 sell with stop-loss 8731..
-          Resistance for up move at 8754/8765/8776/8790..
-          Supports at 8695/8672/8659/8643..
-          Bank Nifty Spot ::
-          Below 20145 sell stop-loss 20160..
-          Above 20204 buy stop-loss 20182..
-          Resistance for up move at 20242/20300/20338..

-          Supports at 20116/20085/20026/20000..

Posted by MY CHART at 2/16/2017 01:42:00 AM

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