Nifty analysis
Nifty future firing on higher rupee today as its trading at 7 week high , nifty trading almost 100 points up today at 8076 , a good resistance in nifty future at 8120 and sustain above our nifty resistance then expect nifty to test upto 8160 – 8200 today
If nifty future click our technical support at 8030 and sustain below our intraday support then expect market to correct upto 8000 – 7950 today
BankNifty analysis
Banknifty future outperforming nifty today as its trading up 2% at 17620 , a good resistance in banknifty at 17750 if market break this and sustain above our intraday resistance then expect 17880 – 18000 in banknifty today
If banknifty future break our intraday support at 17480 and sustain below our technical level then expect market to correct upto 17350 – 17200 today
Nifty BankNifty analysis conclusion : Market trend is positive for now
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