Nifty future analysis
Nifty future crashed and many were in shocked to see such wild crash yesterday it crashed relentlessly below 7800 loosing more than 500 points in single day 6% big cut for nifty , Now if nifty future click our next support at 7730 and sustain below this level then another bear selling round upto 7650 – 7600 not ruled out
If nifty future click our resistance at 7880 and sustain above our nifty future resistance then expect nifty to test upto 7930 – 7970 today
BankNifty future analysis
BankNifty future tumbled more than 1200 points biggest lose ever in banknifty ( point wise ) , If banknifty future click our support at 16580 and sustain below our level then expect market to correct upto 16420 – 16270 today
If banknifty future click our resistance at 17050 and sustain above our technical banknifty resistance then expect banknifty future to fire upto 17220 – 17390 today
Nifty Banknifty analysis conclusion : Market trend is down avoid buying without any breakout and remain cautious
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