Banknifty view

Banknifty future were in pressure day before yesterday .We were close so opening would be containing two days world trading cues . Now if banknifty future click our technical support at 17550 and sustain below our major support today then expect market to correct upto 17400 – 17250 today .

If banknifty future click our technical resistance today at 17920 and sustain above our resistance then expect market to test upto 18100 – 18230 today .

BankNifty view conclusion : Banknifty view is weak for today and one should avoid buying for now and wait for levels .

Nifty levels

Nifty future should open gap up as dowjones were pretty positive yesterday and it should effect on opening . If nifty future click our intraday resistance at 8310 and sustain above our technical hurdle today then expect market to test upto 8360 – 8410 today .

If nifty future click our technical support today at 8200 and sustain below our major support then expect market index to correct upto 8150 – 8110 today .

Banknifty view Nifty levels conclusion : Market trend is weak but opening may reverse the trend . Keep an eye on our tweet for more during live market hours .

More will update to our subscribers .

By marafat