Nifty view

Nifty future remained in a small range yesterday . Lowest point were 7801 for futures . Highest point were 7880 . It closed at 7851 gaining 23 points from its last closing . Today if nifty future click our resistance at 7891 and sustain above our intraday resistance then expect index to zoom upto 7930 – 7970 today .

If nifty future click our intraday support at 7800 and sustain below our major support today then expect market to correct upto 7760 – 7720 today .

BankNifty view

Banknifty future were volatile in yesterday’s trading session . Lowest point were 17065 . Highest point were 17317 . It closed 17164 loosing 50 odd points from its last closing . If banknifty future click our support at 17000 and sustain below our intraday support then expect market to correct upto 16900 – 16770 today .

If banknifty future click our intraday resistance at 17320 and sustain above our intraday resistance then expect market to zoom upto 17470 – 17600 today .

Nifty Banknifty view conclusion : Market trend is flat to positive for now .

More will update to our nifty tips subscribers

By marafat