#Nifty

For 25-04-2019
Support for Nifty comes at 11670-11630-11610
Resistance for Nifty comes at 11760-11800-11856

BankNifty
Support for BankNifty comes at 29700-29600-29455
Resistance for BankNifty comes at 29900-30000




Today Nifty short trade stopped out. Above 11710 close Nifty again can test 11760-11856. If Nifty manages to cross 11856 then 12000 may come very fast. But as long as 11856 is holding as upside resistance Nifty can remain in the range of 11550-11850.

BankNifty is still trading below 30000. A close above 30000 will make it a buy.


Disclosure: I do not have any position in Nifty and BankNifty Futures.

Comments