#Nifty
For 26-04-2019
Support for Nifty comes at 11600-11550
Resistance for Nifty comes at 11687-11715-11760
BankNifty
Support for BankNifty comes at 29450-29278-29156
Resistance for BankNifty comes at 29729-29857-29990
In yesterday's post mentioned that above 11710 Nifty is good to test 11760-11856 and it rallied up to 11796 near to my second resistance for the day.And after that slipped due to expiry pressure. So till now resistance of 11856 is holding Nifty may remain in the range of 11550-11856. If and only if breaks 11550 then it can drift down to 11311.
BankNifty today tried to cross 30000 but retraced back sharply by 500 points. It still need to cross 29900-30000 range. In the range of 29900-30000 it again can be shorted with stop loss of 30100.
Disclosure: I do not hold any position in Nifty and BankNifty Futures.
For 26-04-2019
Support for Nifty comes at 11600-11550
Resistance for Nifty comes at 11687-11715-11760
BankNifty
Support for BankNifty comes at 29450-29278-29156
Resistance for BankNifty comes at 29729-29857-29990
In yesterday's post mentioned that above 11710 Nifty is good to test 11760-11856 and it rallied up to 11796 near to my second resistance for the day.And after that slipped due to expiry pressure. So till now resistance of 11856 is holding Nifty may remain in the range of 11550-11856. If and only if breaks 11550 then it can drift down to 11311.
BankNifty today tried to cross 30000 but retraced back sharply by 500 points. It still need to cross 29900-30000 range. In the range of 29900-30000 it again can be shorted with stop loss of 30100.
Disclosure: I do not hold any position in Nifty and BankNifty Futures.
Comments
Post a Comment