Yesterday Both the indexes (NF & BNF) closed with mild gains shedding 50% of gains made during the day.
This move clearly suggests sideways move till the time all time high is to be surpassed.
Bank Nifty future looks strong. But must close above 23570 on a daily close basis for a move to break all time high 23891.
Both the indexes are likely to be on the sideways unless there are strong cues to have an impulsive move.
Nifty Fut Support 9662/51/44/34. Resistance 9683/9393/9717
BNF Support 23443/368/313. Resistance 23513/540/570.
Good Day!!
This move clearly suggests sideways move till the time all time high is to be surpassed.
Bank Nifty future looks strong. But must close above 23570 on a daily close basis for a move to break all time high 23891.
Both the indexes are likely to be on the sideways unless there are strong cues to have an impulsive move.
Nifty Fut Support 9662/51/44/34. Resistance 9683/9393/9717
BNF Support 23443/368/313. Resistance 23513/540/570.
Good Day!!
Sir, I do think Nifty would be negative today.
ReplyDeleteBnf must close above 23521 for 15 minutes. Then it will fly.
DeleteBnf must close above 23521 for 15 minutes. Then it will fly.
Delete