Nifty market trend

Nifty future gave a roller coaster ride yesterday as there were RBI policy yesterday market gave both side movement made low 8450 and fired 100 rs again from lowest , Now if nifty future click our resistance at 8591 and sustain above our resistance then expect nifty to test upto 8630 – 8680 today

If nifty future click our support at 8480 and sustain below our daily nifty support then expect nifty to correct upto 8440 – 8400 today

BankNifty market trend

BankNifty had its movement yesterday as it made low of 18810 post rbi policy and then fired approx 200 points from there and closed 19080 gaining 120 points from its last closing , now if banknifty future click our support at 17900 and sustain below our support then expect banknifty future to correct upto 17750 – 17600

If banknifty future click our resistance at 19170 and sustain above our daily resistance then expect banknifty future to fire upto 19330 – 19500 today

Market trend conclusion : BankNifty and Nifty trend is flat to positive for now

More will update in live market hours to our subscribers

By marafat