Nifty levels
Yesterday nifty future crashed healthy 200 points and closed below 7800 despite good rupee appreciation it could not hold on higher levels and closed almost at day’s low , now if nifty future click our intraday support at 7740 and sustain below our support level then expect nifty future to correct upto 7690 – 7650 today
If nifty future click our resistance at 7860 and sustain above our resistance then expect nifty future to fire upto 7910 – 7950 and even more
BankNifty levels
Banknifty future crashed 600 points from its last closing and closed badly , now if banknifty future click our resistance at 16400 and sustain below our technical support then expect banknifty to correct upto 16200 – 16000 today
If banknifty future click our resistance at 16720 and sustain above our resistance then expect banknifty future to fire upto 16880 – 17000 today
Market levels conclusion : Market trend is down so avoid buying
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