Nifty view
Nifty future trading at 7822 today . Approx 30 points higher from its last friday closing . A good resistance on chart at 7870 . If market break this hurdle and sustain above this level then expect market to support buyers upto 7900 – 7945 today .
If nifty future break our support at 7785 and sustain below our technical level then expect market to support bears upto 7740 – 7700 today .
Banknifty update
Banknifty future trading at 16785 . Approx 150 points up from its friday closing . A good hurdle on chart at 16920 . If market manage to break this and sustain above this resistance level then expect market to support buyers upto 17050 – 17200 today .
If banknifty future break our support at 16630 and sustain below our technical support then expect market to support sellers upto 16500 – 16370 today .
Nifty Banknifty view conclusion : Trend is still weak . Stay cautious on higher levels .
More will update to our tips subscribers