Nifty analysis
Nifty future made low near 7900 but it didnt break it and recovered 90 points from its lowest level , now if nifty future click our resistance at 8005 and sustain above our resistance then expect 8060 – 8100 today
If nifty future click our support at 7890 and sustain below our technical nifty support then expect market to correct upto 7840 – 7800 today
BankNifty analysis
Banknifty future were better than nifty as its expecting rate cut from RBI next week , once market click our resistance at 16620 and sustain above our resistance then expect market to test 16750 – 16980 today
If nifty future click our technical support at 16470 and sustain below our daily support then expect market to correct upto 16350 – 16200 today
Nifty Banknifty analysis conclusion : Market trend is flat to weak for now
More will update to our subscribers