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Monday 22 February 2016

Nifty Spot View (22/02/16 - 26/02/16)

Last week Nifty moved on the expected line. We are very near to pressure time zone. From 25th Feb to 5th March important time cycles are going to complete so we may see wild movements from this week. Also expiry & budget is near, so all are indicating wild movements.

Major resistance levels are 7234-40, 7347-67, 7452-63, 7520, 7602-18, 7715
Major support levels are 7107, 7047, 6988, 6930, 6875, 6835-25.















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