Nifty levels
Nowdays markets are so volatile that if i update premarket levels for nifty and banknifty it destroy levels in gap down or gap open so i try to avoid premarket levels sometime , today nifty opened gapdown due to bad american stock market close and weak china , Shanghai composite index is down 2% and its weakning only since morning , our nifty future has a technical support at 7690 once market break this and sustain below our nifty intraday support today then expect 7650 – 7605
If nifty future click our technical resistance at 7810 and sustain above our nifty resistance today then expect market to give some relief to buyers upto 7850 – 7880 today
Banknifty levels
Banknifty future opened 250 points down today at tested 16750 and now trading at 16920 , once market click our technical support at 16740 and sustain below our daily support then expect market to correct upto 16600 – 16500 today
If banknifty future click our resistance at 17050 and sustain above our technical resistance today then expect market to test upto 17200 – 17350 today
Nifty Banknifty levels conclusion : Market trend is weak for now so avoid major buying
More will update to our subscribers