#Nifty
For 29-05-2020
Support for Nifty comes at 9450-9400-9300
Resistance for Nifty comes at 9521-9585-9657
BankNifty
Support for BankNifty comes at 19000-18700-18500
Resistance for BankNifty comes at 19250-19455-19829
Nifty achieved targets of 9400-9475 however without going any dips.
For tomorrow we may see a quiet or down day. So all moves to 9521 can be used for sell with a small SL of 9585 for target of 9450. Else no trade.
Nifty above 9522 will enter into the gap zone of 03-May so trade cautiously.
BankNifty achieved its target of 19000.
For tomorrow all moves to 19250-19500 can be used to sell with SL of 19700 for target of 19000.
For 29-05-2020
Support for Nifty comes at 9450-9400-9300
Resistance for Nifty comes at 9521-9585-9657
BankNifty
Support for BankNifty comes at 19000-18700-18500
Resistance for BankNifty comes at 19250-19455-19829
Nifty achieved targets of 9400-9475 however without going any dips.
For tomorrow we may see a quiet or down day. So all moves to 9521 can be used for sell with a small SL of 9585 for target of 9450. Else no trade.
Nifty above 9522 will enter into the gap zone of 03-May so trade cautiously.
BankNifty achieved its target of 19000.
For tomorrow all moves to 19250-19500 can be used to sell with SL of 19700 for target of 19000.
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