#Nifty
For 23-06-2020
Support for Nifty comes at 10278-10200-10130
Resistance for Nifty comes at 10393-10450-10513
BankNifty
Support for BankNifty comes at 21611-21425-21300
Resistance for BankNifty comes at 21850-22078-22350
Nifty was buy on dips to 10200 but it made a low of 10285 in the morning and then moved to 10386 so no trade as per my system.
For tomorrow there can be a range bound day. All intraday dips to 10200 can be bought with a SL of 10130. Nifty today made a doji pattern on daily charts. So fresh buying should only be done above 10400 for target of 10500.
BankNifty was buy on dips to 21200 and it made a low of 21425 so again no trade.
For tomorrow till 21300 holds BankNifty can be bought with SL of 21250. Below 21250 it can slip to 21000-20700.
Tomorrow can be BankNifty avoid day.
Disclosure: I don't have any position in Nifty and Banknifty futures.
For 23-06-2020
Support for Nifty comes at 10278-10200-10130
Resistance for Nifty comes at 10393-10450-10513
BankNifty
Support for BankNifty comes at 21611-21425-21300
Resistance for BankNifty comes at 21850-22078-22350
Nifty was buy on dips to 10200 but it made a low of 10285 in the morning and then moved to 10386 so no trade as per my system.
For tomorrow there can be a range bound day. All intraday dips to 10200 can be bought with a SL of 10130. Nifty today made a doji pattern on daily charts. So fresh buying should only be done above 10400 for target of 10500.
BankNifty was buy on dips to 21200 and it made a low of 21425 so again no trade.
For tomorrow till 21300 holds BankNifty can be bought with SL of 21250. Below 21250 it can slip to 21000-20700.
Tomorrow can be BankNifty avoid day.
Disclosure: I don't have any position in Nifty and Banknifty futures.
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