Nifty Levels
Nifty future gave a good expiry despite so many hiccups in past week and FII were net buyers yesterday which hinting a good recovery ahead in nifty but Greece issue would be critical too so keep an eye on that as well , if nifty future ( july ) click our support of 8370 and sustain below our level then expect 8320 – 8270 today.
If futures click our resistance of 8470 and sustain above our level then expect nifty to fire upto 8500 – 8540 today.
BankNifty levels
If banknifty future click our support of 18400 and sustain below our level then expect banknifty to correct upto 18250 -18110 today.
If banknifty future click our resistance of 18640 and sustain above our resistance then expect banknifty to test upto 18800 – 18920 today.
Banknifty trend : Market trend is up and FII were net buyers so expect market to behave positive.
Market biased is still in positive zone but as we are already heated up try not to buy in bulk. Keep qty moderate.
FII are pouring money in market with good confidence so wait for a dip and a good buy would be better idea.
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