Nifty view
Nifty future gave a positive close at 7838 . A good support for today’s trading session at 7790 . If market manage to break this and sustain below our support then expect market to correct upto 7740 – 7700 .
If nifty future break our resistance at 7870 and sustain above our today’s resistance then expect buyers to have upper hand upto 7910 – 7950 today .
Banknifty view
Banknifty future climbed approx 1% as it closed at 16798 . A good resistance in today’s trading session at 16920 and sustain above our hurdle . Then expect market to test upto 17050 – 17200 today .
If banknifty future break our technical support at 16650 and sustain below our major support then expect market to correct upto 16510 – 16400 today .
Nifty Banknifty view conclusion : Trend is flat for now .
More will update to our tips subscribers