Nifty Futures ended flat at 9675 nullifying all gains made during the day. There are chances of down trend up to 9650 before it could take a forward move.
Bank Nifty futures also traded in a very narrow range and could not break the upper level of 23743 or lower level 23660 during the day.
In the process all calls which were dearer yesterday are now cheaper. We can expect a down trend up to 23608 before an up move.
Nifty Resistance 9683-9697-9720 Support 9662-9641 Trend decider 9641.
BNF Resistance 23727-783-875 Support 23658-543 Trend Decider 23408.
If BNF trades above 23726 there could be a big move. We can expect expect this move any time and not necessarily that this should happen only on Expiry day.
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