Nifty and Banknifty Weekly Analysis 01Mar
------------------- WEEKLY ANALYSIS 01-MAR----------------------
Nifty and Banknifty Future had a week with a bearish bias with the profile structures indicating volumes at lows. we have also broken recent swing lows in daily charts
Nifty Futures- Weekly Trend decider at 14900-930 areas.
1. pullback to 14700 < vpoc of last week > as a short opportunity to test 14600/14500
2. Pullback to 14930 for a downside rotation play
3. Break above 14950 for a move back upto 15130/15300
Banknifty Futures- Weekly Trend decider at 35800 areas.
1. Pullback to 35000 for a short move to 35000/34500
2. break below 34900 for a move to 34400/33500
3. Hold above 35800 for a move to 36600/ 37000
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