Nifty futures closed below 10700 and it is likely to trade in a range of 10625-700 till the time RBI Policy is rolled out. That will set the direction for Nifty.
A close below 10550 will lead to 10408 while a close above 10787 shall bring more cheers in the market for next level 10878.
This range of 10650-787 is a no trade zone.
Bank nifty is bullish. A close below 26400 may lead to 26000. It must close above 27080 to clinch new high.
Range for next week Nifty Spot 10576- 10786. Bank Nifty Spot 26460-26970.
Happy Trading!!
No comments:
Post a Comment
Note: only a member of this blog may post a comment.