Nifty view
Nifty future fired yesterday and closed 68 points up from its last closing . Today our chart indicates a resistance at 8230 once market index cross this resistance and sustain above this level then expect market to test upto 8280 – 8320 today .
Support on our future charts comes at 8130 . If nifty future click our support at 8130 and sustain below our technical support today then expect this major index to correct upto 8090 – 8050 today .
BankNifty view
Banknifty future outperformed nifty yesterday as it gained 1% and closed 175 points up from its last closing . So now if banknifty future click our resistance at 17830 and sustain above our resistance then expect market to fire upto 17950 – 18100 today .
If banknifty future click our technical support today at 17600 and sustain below our market support today then expect market to correct upto 17500 – 17370 today .
Market view conclusion : Market trend is positive for now . So avoid any major selling trade till our support does not break .
More will update to our subscribers .