Nifty future analysis
Nifty future crashed beautifully after our sell call initiated at 8455 and it crashed upto 8358 , we updated a major support at 8350 in our tweet and it reversed from there beautifully , now again a major support in market at 8350-40 once market break and sustain below this level then expect nifty to test 8310 – 8260 today
If nifty click our resistance at 8430 and sustain above our technical resistance then expect nifty to test upto 8470 – 8510 and more
BankNifty future analysis
Banknifty melted like ice yesterday as it tested 18240 and it remained weaker than nifty , now if banknifty future click our support at 18180 and sustain below our banknifty support then expect more correction upto 18050 – 17900 today
If banknifty future click our resistance at 18500 and sustain above our resistance then expect banknifty future to fire upto 18630 – 18770 today
Nifty banknifty analysis conclusion : Market looking weak , Dowjones in deep red and market has no reason to open positive so bears may have upper hand today once again