#Nifty
For 05-05-2020
Support for Nifty comes at 9260-9173-9000
Resistance for Nifty comes at 9335-9428-9523
BankNifty
Support for BankNifty comes at 19643-19450-19100
Resistance for BankNifty comes at 20070-20300-20530
Nifty as expected opened around 9500 and holded 9350 for long before breaking that.
Now for tomorrow if Nifty slips below 9250 then fresh selling can be seen towards 9173-9100-9000. All rallies to 9400-9460 should be used for sell with stop loss of 9525.
Break down below 9250 has targets of 8800-8500-8000
BankNifty broke below 20000 and last hope for bulls is 19450. Break below 19450 gives technical targets of 18000-17000. All rallies to 20000-20300 can be used for selling with a stop loss of 20530.
For 05-05-2020
Support for Nifty comes at 9260-9173-9000
Resistance for Nifty comes at 9335-9428-9523
BankNifty
Support for BankNifty comes at 19643-19450-19100
Resistance for BankNifty comes at 20070-20300-20530
Nifty as expected opened around 9500 and holded 9350 for long before breaking that.
Now for tomorrow if Nifty slips below 9250 then fresh selling can be seen towards 9173-9100-9000. All rallies to 9400-9460 should be used for sell with stop loss of 9525.
Break down below 9250 has targets of 8800-8500-8000
BankNifty broke below 20000 and last hope for bulls is 19450. Break below 19450 gives technical targets of 18000-17000. All rallies to 20000-20300 can be used for selling with a stop loss of 20530.
Comments
Post a Comment