Nifty view
Nifty future fired on positive news from Iran Deal and Crude oil prices which were cracking since iran deal , FII were net buyers yesterday and yesterday’s closing was pretty strong as nifty close at 8547 gaining 81 points from its high , now if nifty future click our resistance of 8591 and sustain above our technical hurdle then expect nifty to test upto 8630 – 8670 today
If nifty future click our support of 8500 and sustain beneath our major base then expect nifty future to correct upto 8460 – 8420 today
BankNifty view
BankNifty were in pressure yesterday and it did not participated in rally lead by nifty , Now if nifty future click our support of 18800 and sustain below our major support then expect banknifty future to correct upto 18660 – 18500 today
If banknifty future click our resistance of 19020 and sustain above our resistance then expect banknifty future to test upto 19170 – 19300 today
Nifty Banknifty view conclusion : Market looking positive for now , avoid sell
More will update to our subscribers