Nifty analysis
Yesterday nifty retraced from highs and tested 7800 range but it didnt break 7780 which was major support and again it need to break 7780 and sustain below our technical support to test upto 7740 – 7700 today
If nifty future click our resistance at 7890 and sustain above our resistance then expect market to test upto 7940 – 7990 today
BankNifty analysis
Banknifty future were down 1% from its friday last closing , now if banknifty future click our support at 16600 and sustain below our daily support then expect market to correct upto 16500 – 16370 today
If banknifty future click our resistance at 16830 and sustain above our resistance then expect market to test upto 16960 – 17100 today
Nifty BankNifty analysis conclusion : Market trend is weak for now
More will update to our subscribers