Nifty Banknifty levels 30th october

By | October 30, 2015

Nifty levels

Nifty future tanked again and it expired near 8100 . Nifty future ( november ) lot size has been revised to 75 from 25 . It would impact on volumes as its tripled so small retail investors would avoid nifty future trading from now . A good resistance in nifty november at 8210 once market break this and sustain above our resistance then expect market to test upto 8250 – 8290 today .

If nifty november future click our intraday support at 8100 and sustain below our major support then expect market to test upto 8050 – 8010 today .

BankNifty levels

Banknifty november future remained under pressure and tanked 200 points . Today is banknifty future click our intraday support at 17200 and sustain below our major support then expect market to correct upto 17030 – 16900 today .

If banknifty november future click our intraday resistance at 17500 and sustain above our resistance then expect market to test upto 17630 – 17750 today .

Banknifty Nifty levels conclusion : Market trend is still weak but as its fresh contract now so wait for levels to break to resume buy or sell in this new contract

More will update to our nifty tips subscribers