Nse Nifty view
Nse Nifty future remained under pressure yesterday and made low of 8055 but then europe recovered and buyers started their buying in nifty which gave it almost flat close at 8075 . Today if nifty future click our intraday resistance at 8120 and sustain above our nifty resistance then expect market to test upto 8170 – 8220 today .
If nifty future click our intraday nifty support at 8030 and sustain below our nse nifty support then expect market to correct upto 7990 – 7940 today .
Nse BankNifty view
Banknifty future remained under pressure as it closed 45 points down at 17350 . Today if banknifty future click our intraday resistance at 17530 and sustain above our major resistance then expect market to test upto 17650 – 17800 today .
If banking index banknifty future click our intraday support at 17220 and sustain below our intraday banking index support then expect market to correct upto 17040 – 16900 today .
Nifty Banknifty view conclusion : Market trend is flat to positive for now .
More will update to our Nifty trading tips subscribers.