Sell Nifty Futures if it fails to move above 4850, 15 February

Nifty has failed to move above our crucial short term level of 4850. Failing to cross this crucial level indicates, Nifty could decline towards 4580 levels initially and then to 4400 levels before this month end.

Nifty - Technical Outlook and Intraday Trading Levels, 15 Feb

Today, 4850 is the crucial intraday level for Nifty.

If Nifty sustains below 4850, then it could test 4760 and below that level, it could test 4650.

Instead, if Nifty trades above 4850, then it could test 4880 and above that level it could test 4950.