TECHNICAL VIEW FOR 03022016:
NIFTY:
Two Days Back I Suggested That A NIFTY CLOSE Above 7600 Can
Take It To Higher Levels And NIFTY Made A PRECISE HIGH Of 7600 On 1st Feb
Yesterday Too Bulls Made An Attempt To Cross 7600 But The
Was 7576
A CLOSE Below 7400 Will End The RELIEF RALLY
May Be One More Attempt Be Made From 7400-7350 Zone To Take
NIFTY Higher But Now With Yesterdays Crack The Whole PRICE STRUCTURE For The
RELIEF RALLY Seems Bearish And NIFTY Should Breach 7230 In Coming Days
NIFTY EOD:
BANK NIFTY:
BANK NIFTY Did Not Have Any Strength And A CLOSE Below 14900
Will Resume Fresh Down Move Here
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