#Nifty
For 01-04-2019
Support for Nifty comes at 11600-11560-11510
Resistance for Nifty comes at 11700-11734-11780
BankNifty
Support for BankNifty comes at 30350-30256-30060
Resistance for BankNifty comes at 30534-30700-30900
On friday Nifty closed at new life time highs and came very near to first target of 11634.Probably Quarter end and Financial year end NAV pop-up done.
Now if Nifty manages to close above 11634 then we are heading straight to 11800. Technically till Nifty holding 11440 all dips are buy, but same again buy only dips and do not chase rallies. BankNifty on the other end looking tired up and can show a range bound movement in this week.
Disclosure: I do not have any position in Nifty and BankNifty Futures.
For 01-04-2019
Support for Nifty comes at 11600-11560-11510
Resistance for Nifty comes at 11700-11734-11780
BankNifty
Support for BankNifty comes at 30350-30256-30060
Resistance for BankNifty comes at 30534-30700-30900
On friday Nifty closed at new life time highs and came very near to first target of 11634.Probably Quarter end and Financial year end NAV pop-up done.
Now if Nifty manages to close above 11634 then we are heading straight to 11800. Technically till Nifty holding 11440 all dips are buy, but same again buy only dips and do not chase rallies. BankNifty on the other end looking tired up and can show a range bound movement in this week.
Disclosure: I do not have any position in Nifty and BankNifty Futures.
Comments
Post a Comment