PowerTrades

Nifty and Banknifty Weekly Analysis 05APR

Long
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
------------- WEEKLY ANALYSIS 05-APR------

The short term trend has rotated back to allign with the long term trend.

NIFTY: Key Long term levels are 14500-15100 range
Immediate suport areas are 14800-830F areas. Hold into that will look for a pullback play.

BANKNIFTY: Immediate support areas are 33900-34100 areas for pullback play.
Breakout play abv 34500F areas
Swing support zones at 33500

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