SGX-NF: 11485 (+14; +0.12%)
Expected BNF opening: 28185 (+45; +0.15%)
SPX-500: 2858 (+2; +0.09%)
Fut-I (Key Technical Levels)
Support for NF:
Resistance to NF:
Support for BNF:
Resistance to BNF:
Support for SPX-500:
Resistance to SPX-500:
Technical View (Nifty, Bank Nifty, SPX-500):
Technically, Nifty Fut-I (NF) has to sustain over 11510 for a further rally to 11550/11585-11605/11665-11695/11725 in the near term (under bullish case scenario).
On the flip side, sustaining below 11495-11475 NF may fall to 11430/11400-11360/11315-11285/11225 in the near term (under bear case scenario).
Technically, Bank Nifty Fut-I (BNF) has to sustain over 28200 for a further rally to 28300/28450-28525/28685-28800/29100 in the near term (under bullish case scenario).
On the flip side, sustaining below 28150 BNF may fall to 28000/27900-27825/27700-27500/27300 in the near term (under bear case scenario).
Technically, SPX-500 has to sustain over 2865 for a further rally to 2880/2905-2925/2960-3010/3035 in the near term (under bullish case scenario).
On the flip side, sustaining below 2850 SPX-500 may fall to2830/2815-2790/2760-2740/2710 in the near term (under bear case scenario).
Nifty-50: 11450; Q4FY18 EPS: 402; Q4FY18 PE: 28.48; Avg FWD PE: 20; Proj FY-19 EPS: 425; Proj Fair Value: 8500
Bank Nifty: 28062; Q4FY18 EPS: 519; Q4FY18 PE: 54.07; Avg FWD PE: 20; Proj FY-19 EPS: 961; Proj Fair Value: 19220
SPX-500: 2858; TTM Q4-2017 EPS: 111; TTM PE: 25.75
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.