#Nifty
For 12-06-2020
Support for Nifty comes at 9841-9800-9751
Resistance for Nifty comes at 9970-10048-10100
BankNifty
Support for BankNifty comes at 20458-20300-20100-19800
Resistance for BankNifty comes 20656-20824-21000
Nifty as i had mentioned in my Post of 09-06-2020, made a temporary top. For today my analysis went wrong and it broke the intraday SL of 10000 and even positional SL of 9900.
Technical targets of today's break down comes around 9700-9600. So another 200-300 points fall can be there.
For tomorrow all rallies to 9970-10000 can be used to sell with SL of 10080 for target of 9900-9800 and Nifty fresh sell can be done below 9880 with SL of 9950 for target of 9800-9750.
Nifty buying should be done only close above 10100.
BankNifty also SL of 20800 gone.
For BankNifty important support comes in the range of 20100-19800. Below which another next support lies in the range of 19400-18900. BankNifty correction should end in the range of 19500-18900.
For tomorrow BankNifty if slips below 20300 it can be sold with SL of 20500 for target of 20100-20000. Else it can be sell on rallies to 20800 with SL of 21000.
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