Nifty future levels
Nifty future crashed yesterday and made low 7428 . Then it recovered more than 180 points from its lowest point . Reliance lead the recovery and index finally closed at 7572 as it gained 0.50% . Today if nifty future breaks our support at 7520 and manage to sustain beneath our support . Then expect market to support sellers upto 7470 – 7430 today .
If nifty future breaks our resistance at 7620 and manage to sustain above our resistance level . Then expect market to zoom upto 7660 – 7700 today .
Banknifty future levels
Banknifty faced a very bad day when it crashed and made low of 15536 . In final hour it recovered from lows and closed at 15854 . Today if banking index future break our resistance at 16020 and manage to hold above our resistance . Then expect market to zoom upto 16190 – 16330 today .
If banknifty future breaks our technical support at 15700 and manage to sustain beneath our support . Then expect market to correct upto 15550 – 15400 today .
Nifty Banknifty future levels conclusion : Trend is highly volatile and weak for now .
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