Nifty view

Nifty future fired pretty good and made high of 8190 but later nifty seen some profit booking and made low of 8105 but it closed comfortably good at 8162 , so now if nifty future click our intraday resistance at 8210 and sustain above our resistance then expect market to test upto 8250 – 8290 today

If nifty future click our support at 8090 and sustain below our intraday support then expect market to test upto 8040 – 8000 today

BankNifty view

Banknifty remained under pressure entire trading session as it made high at 17860 but then its came under pressure and made low at 17542 but gave a good cloe at 17675 , so now if banknifty future click our resistance at 17920 and sustain above our resistance then expect market to test upto 18050 – 18200 today

If banknifty future click our intraday support at 17480 and sustain below our market support then expect market to correct upto 17350 – 17200 today

Nifty BankNifty view conclusion : Market trend is positive but its time to take caution on longs

More will update to our subscribers

By marafat