Nifty future trading at 7927 . Market is stuck in a small range due to low volumes . A good resistance in today’s trading session at 7960 . If market beat this and manage to sustain above our hurdle then expect 8000 – 8040 today .
If nifty future break our support at 7890 and manage to sustain below our chart support then expect market to support sellers upto 7860 – 7830 today .
Banknifty future 16972 today . Its trading 38 points down from its last closing . A good support in banking index future at 16880 . Once market beat this level and manage to sustain beneath our support then expect sellers to take control upto 16750 – 16610 today .
If banknifty future break our hurdle at 17050 and manage to sustain above our chart resistance then expect buyers to take control upto 17190 – 17330 today .
Nifty Banknifty levels conclusion : Trend is flat to weak for now . Tomorrow is expiry so trade low qty .
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