Nifty takes support at 10929 and face stiff resistance above 11070. The range is 10925-11060. Unless any one of these numbers is broken, there is no big move.
Having reached 11078, just 100 points from ATH, is there any chance of making new high before this expiry?
It is possible only if nifty stays above 11060 on a daily close basis.
Bank nifty on the other hand is also facing stiff resistance at 27165. Support seen at 26689.
Keep watching for these numbers and make use of the above levels when you find them on daily close basis.
Happy trading!
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