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Daily Technical Report For 26/02/2020

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NIFTY continued its southbound journey yesterday and slipped below 11800 mark. This is a sell on rally market, thus any bounce back would be a sell opportunity. We maintain a bearish view with the short term target of 11614. On the upside, for immediate term the range of 11975 - 12000 will play as an important resistance, However the range of 12150  - 12175 will be a strong resistance zone. 

Today's Picks On 26/02/2020

Share Market Daily Picks Manas Jaiswal

PEL

Sell

  • 1493
  • SL: 1531
  • TGT: 1425
Share Market Daily Picks Manas Jaiswal

Amaraja batttery

Sell

  • 712.80
  • SL: 727
  • TGT: 680

Nifty Imp Levels For 26/02/2020

Open 11877
High 11883
Low 11779
Close 11797
S 1 11757
S 2 11717
R 1 11860
R 2 11923

Actionable Ideas On Nifty for 26/02/2020

Action SL TGT
Buy above 11860 11800 11975
Sell below 11750 11801 11600
Show Timings
Manas Jaiswal Technical Research Group