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Tuesday, February 07, 2017

(2) Nifty & Bank Nifty Trading Levels For 07/02/2017 ::


-          Nifty Spot ::
-          Once again open gap up, trapping candle after insider day hammer pattern..
-          MSi(My-Charts Sentiment indicator) up from 56 to 68..(Negative divergence)..
-          Short term indicator in extended overbought zone with negative divergence..
-          No way to buy at extended high..
-          In intraday trading for small swing on 7th Feb. Sell below 8797 with stop-loss 8805..
-          Resistance for up move at 8814/8824/8831/8842..
-          Supports at 8798/8770/8760/8748..
-          Bank Nifty Spot ::
-          Below 20360 sell stop-loss 20385..
-          Resistance for up move at 20425/20461/20485/20524..

-          Supports at 20320/20260/20220/20210..

Posted by MY CHART at 2/07/2017 02:20:00 AM

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