Nifty levels
Nifty future cracked yesterday almost 100 points . Today its down 25 points so far . Its trading at 8147 . A good resistance in nifty future at 8192 once market cross this hurdle and sustain above this resistance then expect nifty to test upto 8230 – 8260 today .
If nifty future click our intraday market support at 8090 and sustain below our market support today then expect nifty to correct upto 8050 – 8010 today .
BankNifty levels
Banknifty future tanked 500 points yesterday . Following axis bank fiasco which crashed almost 7% . Today again axis bank stock down 2.5% and banknifty future down more than 100 points . A good support in today’s market at 17180 once banknifty break this and sustain below our support then expect 17020 – 16900 today .
If banknifty future click our resistance at 17500 and sustain above our resistance then expect market to test upto 17630 – 17750 today .
Nifty Banknifty levels conclusion : Market trend is weak for now so avoid buy trade
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