Nifty update
Nifty future trading lower today at 7826 . A good support on chart for today’s trading session at 7780 . If market break this and sustain below our intraday support then expect market to correct upto 7740 – 7700 today .
If nifty future click our chart resistance at 7861 and sustain above our intraday resistance . Then expect market to zoom upto 7911 – 7961 today .
Banknifty update
Banknifty future trading approx 0.50% down at 16690 . A good support in market at 16580 . If market break this and sustain below our intraday support then expect market to correct upto 16450 – 16310 today .
If banknifty future break our resistance at 16820 and sustain above our intraday resistance then expect market to test upto 16950 – 17100 today .
Nifty Banknifty update conclusion : Market trend is still in favor of buyers . Avoid short for now
More will update to our trading tips subscribers