3rd Feb Strategy:
Global: Positive
FII: Negative
DII: Positive
F&O: Neutral
Sentiment: Neutral
Trend: Negative
Nifty support zone 17500-17550, Below that 17350-17450 Strong Buy zone
Nifty higher zone 17650-17725, Above that 17775-17850 Profit booking zone
Bank Nifty support zone 40350-40525, Below that 40000-40150 Strong Support zone
Bank Nifty higher zone 40800-41000, Above that 41400-41650 Profit booking zone
For Existing Long Positions:
Nifty Intraday SL 17400 n Closing SL 17600
Bank Nifty Intraday SL 40000 n Closing SL 40300
For Existing Short Positions:
Nifty Intraday SL 17400 n Closing SL 17600
Bank Nifty Intraday SL 40000 n Closing SL 40300
For Existing Short Positions:
Nifty Intraday SL 17750 n Closing SL 17900
Bank Nifty Intraday SL 40850 n Closing SL 41650
Buy Nifty in 17450-17525 range:
SL 17350 Tgt 17600, 17650,17700,17725
Aggressive Traders Buy Nifty:
Strict SL 17450 Tgt 17650,17700, 17725, 17775, 17800, 17850
Aggressive Traders Sell Nifty in 17725-17850 range:
Strict SL 17975 Tgt 17700,17650, 17600, 17525, 17500, 17450
Note : This is our personal views and strictly for educational purposes only.