Nifty update

Nifty 50 future made high 8503 yesterday and cracked upto 8440 in intra day trade , finally closing at 8457 loosing 25 points in final closing from its last close , now if nifty future click our support of 8420 and sustain below our major base then expect nifty to correct upto 8370 – 8340 today

If nifty future click our resistance of 8530 and sustain above our major technical hurdle then expect a zooming buy upto 8570 – 8600 in index

BankNifty update

Banknifty future again tested 19000 yesterday and cracked from there made low of 18801 and closed at 18806 erasing 170 points approx from its last close , now if banknifty future click our support of 18670 and sustain below our major base support then expect banknifty future to correct upto 18530 – 18400 today

If banknifty future click our resistance of 19120 and sustain above our daily resistance then expect banknifty future to fire upto 19280 – 19410 today

Indian markets update conclusion : Market looking positive for now but its time to become cautious

More will update to our subscribers

By marafat