Nifty future update
Nifty future fired from its lows yesterday . It gave us pretty good profits as it tested high of 7574 against our target of 7572 . A good resistance today stands on chart at 7620 . If price manage to sustain above our resistance then expect market to zoom upto 7660 – 7700 today .
A good support on nifty chart at 7490 . Once sellers manage to pull this support and sustain beneath our support . Then expect market to correct upto 7450 – 7410 today .
Banknifty future update
Banknifty future closed 240 points up from its last closing . A good support on intraday chart at 15120 . If sellers manage to take this support out and sustain trading beneath this level . Then expect market to correct upto 15000 – 14870 today .
A good resistance stands at 15430 . If buyers take this resistance out and manage to trade above this level . Then expect banknifty future to zoom upto 15570 – 15700 today .
Nifty Banknifty future update conclusion : Short term trend is positive for now .
More will update to our paid subscribers