Nifty_08-05-2020

#Nifty
For 08-05-2020

Support for Nifty comes at 9116-9000-8920
Resistance for Nifty comes at 9230-9280-9345

BankNifty
Support for BankNifty comes at 19332-18941-18700-18000
Resistance for BankNifty comes at 19679-20000-20240

Nifty again all rallies were sell and it again payed.
For tomorrow again Nifty is sell either on rallies to 9275-9330 with a SL of 9400 or on break of 9170 on hourly basis. Targets here can be 9000-8900. Below 9000-8900 roads are open for 8700-8500-8000.



BankNifty again all rallies to 19800 were sell and from high of 19757 it gave 400 points in intraday.
For tomorrow again all rallies to 19700-19800 can be used to sell with a SL of 20100. BankNifty is also sell on break of 19300 for target of 18941. Below 18941 roads are open for 18000

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