MARKET OUTLOOK:-
-Nifty Futures Trend Deciding level is 8920 (Intraday Traders)
-NF Trend Changer Level 8765 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 10 points at the opening bell.
-Overseas, Asian stocks were trading mixed.
-US equities closed mixed yesterday, 22 February 2017 after minutes from the Federal Reserve's previous meeting hinted that a rate hike coming fairly soon. Wall Street was eagerly awaiting the release of these minutes, as they looked for more clues about when and how many times the Fed would raise rates this year.
-Nifty breakdown below 8780 for a move till 8720/8680 and finally closed 8840 above now bullish above 8910 for a move towards 8969/9050
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-Nifty Futures Trend Deciding level is 8920 (Intraday Traders)
-NF Trend Changer Level 8765 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 10 points at the opening bell.
-Overseas, Asian stocks were trading mixed.
-US equities closed mixed yesterday, 22 February 2017 after minutes from the Federal Reserve's previous meeting hinted that a rate hike coming fairly soon. Wall Street was eagerly awaiting the release of these minutes, as they looked for more clues about when and how many times the Fed would raise rates this year.
-Nifty breakdown below 8780 for a move till 8720/8680 and finally closed 8840 above now bullish above 8910 for a move towards 8969/9050
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Nifty Level future
| |||
Up ↑
|
8925
|
8955
|
8985+
|
Down ↓
|
8885
|
8850
|
8795
|
Action
|
SL
|
TGT
| |
Buy above
|
8960
|
8915
|
9050
|
Sell below
|
8875
|
8910
|
8800
|
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