Nifty view
Nifty future fired yesterday despite Greece default and 5% tumble in china’s market showing power of bulls and FII were also buying as we seen net buyers figure after market closing , now if nifty future click our technical support of 8400 and sustain below our nifty support then expect nifty to correct upto 8360 – 8320
If nifty future click our resistance of 8490 and sustain above our nifty resistance then expect 8530 – 8570
BankNifty view
BankNifty outperformed nifty future yesterday and clocked 300+ points gains in intra day , finally closed with 250 points gains at 18550 , now if banknifty future click our support of 18400 and sustain below our support then expect 18270 – 18130
If banknifty future click our resistance of 18680 and sustain above our resistance then expect banknifty to test upto 18800 – 18940 today
Indian market view conclusion : Markets are positive for now
More will update to our subscribers