Nifty_13-05-2020

#Nifty
For 13-05-2020

For tomorrow levels I have given assuming Nifty will open around 9500.
BankNifty might open around 19700.

Support for Nifty comes at 9439-9340-9240
Resistance for Nifty comes at  9561-9771

BankNifty
Support for BankNifty comes at 19500-19200-19000
Resistance for BankNifty comes at 20000-20400

Nifty below 9200 was sell and from opening level of 9161 we covered at 9060. And from there it raised almost 200 points.
Tomorrow 9521( 4 May gap down level) and 9600 is final resistance. If Nifty close above 9600 then no more shorting. Nifty sell only if fails to hold 9340.


BankNifty was sell below 18900 and from opening high of 18751 we got 450 points.

For tomorrow if it opens around 19500-19700 next resistance come at 20000-20500.
If it sustains above 20500 then no more shorting
Sell only if fails to hold 19200.

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