Nifty future levels
Nifty already lost 3.5% from its friday closing and its trading at 7999 ( future ) we already indicated this crash last week and it should continue however for now a good support in market at 7880 once nifty break this and market sustain below this then expect 7830 – 7780 today
If nifty future click our technical resistance at 8070 and sustain above this level then expect a breather in nifty future upto 8120 – 8160 today
BankNifty future levels
BankNifty futrue trading 4.5% down from its friday closing at 17200 , a good support in banknifty at 16900 once market break this and sustain below this level then expect 16700- 16500 in market
If banknifty future click our resistance at 17450 and sustain above our resistance then expect a breather upto 17600 – 17780 today
Nifty Banknifty levels conclusion : No rocket science market looking weak but china already down 7% and dowjones cracked 500 points last week and its down 400 points once again so its time to stay idle rather than looking for value buying
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