Daily nifty view
Nifty future crashed yesterday beautifully . It made low of 7878 as our nifty call target was 7880 . It closed at 7890 ( future ) . Today if market click our technical resistance at 7931 and sustain above our intraday resistance then expect market to zoom upto 7970 – 8010 today .
If market break our intraday support at 7850 and sustain below our technical support then expect market to correct upto 7810 – 7760 today .
Banknifty view
Banknifty future tested 17130 yesterday . Today market has a resistance at 17350 . If market manage to break this and sustain above our intraday resistance then expect banking index to zoom upto 17490 – 17630 today .
If banknifty future click our intraday support at 17080 and sustain below our technical support then expect market to favor sellers upto 16950 – 16810 today .
Nifty banknifty view conclusion : Market trend is weak for now . Avoid any buying .
More will update to our tips subscribers .