#Nifty
For 05-06-2020
Support for Nifty comes at 10000-9945-9880
Resistance for Nifty comes at 10090-10123-10176
BankNifty
Support for BankNifty comes at 20269-20100-19900
Resistance for BankNifty comes at 20537-20715-21000
Nifty was buy on pull back to 9950 and after making a low of 9944 it moved to 10142.
For tomorrow I don't have any trade around 10000 if Nifty goes to 10125 then we can sell it with a SL of 10200. And if goes below 9900 then sell it with SL of 10000 for target of 9700.
Else just don't take a trade tomorrow.
BankNifty clearly said no buying. I was expecting a sharp profit booking from 21500 but it reversed from 21141 , however corrected sharply to 20316.
For tomorrow I don't have any trade.
For 05-06-2020
Support for Nifty comes at 10000-9945-9880
Resistance for Nifty comes at 10090-10123-10176
BankNifty
Support for BankNifty comes at 20269-20100-19900
Resistance for BankNifty comes at 20537-20715-21000
Nifty was buy on pull back to 9950 and after making a low of 9944 it moved to 10142.
For tomorrow I don't have any trade around 10000 if Nifty goes to 10125 then we can sell it with a SL of 10200. And if goes below 9900 then sell it with SL of 10000 for target of 9700.
Else just don't take a trade tomorrow.
BankNifty clearly said no buying. I was expecting a sharp profit booking from 21500 but it reversed from 21141 , however corrected sharply to 20316.
For tomorrow I don't have any trade.
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