NIFTY SUGGESTION FOR FEB-20

                                   Nifty moved as per our range of 5880-5968 on closing basis. Now nifty bounced little strong because of responsible bulls. Please note market's next move will start only closing level of nifty will be above or below of our mentioned levels. Upto that market will be in that range only. After a long time FII's turned to sellers or DII's are now buyers,but market moved positively. This action was somewhat confusing also interesting. Markets advance decline ratio also seems to be good.
                   If we consider with Open interest 5900 seems to be good base And 6100 will give strong resistance. Please buy nifty only above 5968 on closing basis or above 6007 on intraday basis.Be careful for small traders because If FII's start selling more then we may see big fall, so trade small quantity.Upto budget we expect the range of market will be 5880-5970 on closing basis but intraday it may move 6009 on upside & 5850 on down side.

Nifty resistance- 5963-5970, 5998-6007(major)
Nifty support   -  5921-5929, 5880-5890(major) 

No premarket calls today.

PORTFOLIO ALERT

  Nifty shorted at 5880 & booked at 5860.  Buy sesagoa 50 Quantity at 172.

THANKS & REGARDS
      NSEBSENOW