#Nifty
For 09-06-2020
Support for Nifty comes at 10120-10070-10000
Resistance for Nifty comes at 10230-10328-10400
BankNifty
Support for BankNifty comes at 20900-20623-20350
Resistance for BankNifty comes at 21351-21600-21800
Nifty target above 10176 was 10230-10294 which achieved but no one gets the chance as Nifty opened at 10318 and didn't gave chance to buy.
FIIs are slowly cutting their longs so be cautious while buying.
For tomorrow all intraday position stop loss is 10120. Below 10120 Nifty can slide to 10060-10000.
Nifty is ready for some correction to 9900-9800. Probably Nifty has made a temporary top at 10328.
BankNifty faced the resistance in the expected range.
For fresh buying we have to see if BankNifty holds the level of 20900. Because below is 20900 BankNifty can slide to 20500-20300.
However no selling is advisable.
Fresh buying should be done only close above 22000.
For 09-06-2020
Support for Nifty comes at 10120-10070-10000
Resistance for Nifty comes at 10230-10328-10400
BankNifty
Support for BankNifty comes at 20900-20623-20350
Resistance for BankNifty comes at 21351-21600-21800
Nifty target above 10176 was 10230-10294 which achieved but no one gets the chance as Nifty opened at 10318 and didn't gave chance to buy.
FIIs are slowly cutting their longs so be cautious while buying.
For tomorrow all intraday position stop loss is 10120. Below 10120 Nifty can slide to 10060-10000.
Nifty is ready for some correction to 9900-9800. Probably Nifty has made a temporary top at 10328.
BankNifty faced the resistance in the expected range.
For fresh buying we have to see if BankNifty holds the level of 20900. Because below is 20900 BankNifty can slide to 20500-20300.
However no selling is advisable.
Fresh buying should be done only close above 22000.
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