#Nifty
For 07-05-2020
Support for Nifty comes at 9188-9116-9000
Resistance for Nifty comes at 9337-9390-9450
BankNifty
Support for BankNifty comes at 19361-19000-18700
Resistance for BankNifty comes at 19842-20000-20300
Nifty all rallies to 9300-9330 were sell. For targets of 9200-9000. Today we got 9200 and tomorrow 9100 can be the opening.
For tomorrow we might open around 9100. Maximum down side for tomorrow could be 9000. All rallies to 9330 if come can be sell again with SL of 9450. Positional targets here can be 9000-8800 in 2-5 trading sessions.
BankNifty second resistance for the day was 19772 and high is 19806 and after that saw a decline of 400 points.
For tomorrow all rallies to 19800-20000 if come can be used for selling for targets of 19000. Tomorrow if we open around 19300 we have to wait for some bounce. Because tomorrow downside can be limited to 19000-18700.
For 07-05-2020
Support for Nifty comes at 9188-9116-9000
Resistance for Nifty comes at 9337-9390-9450
BankNifty
Support for BankNifty comes at 19361-19000-18700
Resistance for BankNifty comes at 19842-20000-20300
Nifty all rallies to 9300-9330 were sell. For targets of 9200-9000. Today we got 9200 and tomorrow 9100 can be the opening.
For tomorrow we might open around 9100. Maximum down side for tomorrow could be 9000. All rallies to 9330 if come can be sell again with SL of 9450. Positional targets here can be 9000-8800 in 2-5 trading sessions.
BankNifty second resistance for the day was 19772 and high is 19806 and after that saw a decline of 400 points.
For tomorrow all rallies to 19800-20000 if come can be used for selling for targets of 19000. Tomorrow if we open around 19300 we have to wait for some bounce. Because tomorrow downside can be limited to 19000-18700.
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