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Daily Research Report

17th February 2017

Friday

1. Market looks good…….
2. Heavy short covering expected..




TECHNICAL LEVEL
NIFTY CASH FOR TODAY(8778)
Up Side Entry Point 8797 trade Above 8797 & Stay Above 8797
( 10 -15Min)
Next Level 8814 – 8829— 8854 Trend Reversal Below.8781
Down Side Entry Point 8759 Trade Below 8759 & Stay Below 8759
( 10 -15Min)
Next Level 8742 – 8727– 8702 Trend Reversal Above 8775




(Weekly Level)
Major Level ( For Week ) 8820 TA 8820 & Stay Above 8820
( 10 -15Minutes)
Next Level 8851---- 8882-----8919 Trade Below 8796
Major Level ( For Week) 8767 Trade Below 8767 & Stay 8767
( 10 -15Minutes)
Next Level 8736-8705---8668
Trend Reversal Trade Above 8791

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