nifty banknifty view for 09 october 2015

By | October 9, 2015

Nifty view

Today nifty opened gap up following cues from last night session of green dowjones , now its trading at 8215 , a good resistance in nifty today at 8250 once market break this and sustain above our today’s resistance then expect nifty to fire upto 8290 – 8330 today

If nifty future click our technical support at 8150 and sustain below our today’s intraday support then expect market to test upto 8110 – 8070 today

BankNifty view

Banknifty outperforming nifty today and its trading 1% up from its last closing at 17740 , a good resistance in banking index at 17920 once market break this and sustain above our intraday resistance then expect market to test upto 18070 – 18200 today

If banknifty future click our support at 17570 and sustain below our today’s support then expect some panic in banknifty upto 17450 – 17300 today

Nifty Banknifty view conclusion : Gap up has changed trend from negative to positive so avoid sell for now

More will update to our subscribers

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