Nifty future view
Nifty future made high 8667 yesterday and cracked upto 8580 and gave a final close at 8604 loosing 44 points from its last closing , but FII were net sellers yesterday and main factor would be reliance industries results which may come during market hours and it will lead the way if it come in live market other results are TVS which may give another reason to market fire or fall after reliance results , If nifty future click our resistance of 8670 and sustain above our technical resistance today then expect nifty to fire upto 8710 – 8749 today
If nifty future click our technical support of 8580 and sustain below our major support today then expect nifty future to correct upto 8540 – 8500 today
BankNifty future view
BankNifty were weaker than nifty yesterday as it closed 18895 loosing 160 points from its last closing , now if it click our resistance at 19150 and sustain above our major resistance today then expect 19330 – 19480
If banknifty future click our support of 18800 and manage to sustain below our major support today then expect banknifty future to correct upto 18670 – 18530
Nifty BankNifty future view conclusion : Market is looking for a consolidation but all eyes on big giant reliance
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