Tomorrow trading is expected between the broad levels of 5125-5290. If the market breaches the level of 5260 on the upper side then the next resistance level will be 5290. But if nifty breaches the support level of 5175 then it may go down till the level of 5125.
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10135-10595. Bank nifty futures can go down till the level of 10135 once it breaks the level of 10260. On the opposite side once breaking the level of 10490, it is expected to go upward till the level of 10595. Bank nifty will be trading between the narrow ranges of 10260-10490.
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2 comments:
At some point this market will rally and will rally hard. Remember there are a lot of participants who view this selloff as excessive and based on fear.
Nifty Futures
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