#Nifty
For 26-06-2020
Support for Nifty comes at 10190-10160-10100
Resistance for Nifty comes at 10328-10374-10440
BankNifty
Support for BankNifty comes at 21300-21100-20900
Resistance for BankNifty comes at 21700-21800-22000
Nifty for the day first resistance was 10360 and high is 10361.8. Nifty was buy around 10200 and two times it gave dip to 10200 and gave 150 points. Power of technicals.
For tomorrow all rallies to 10350-10380 can be sold with a SL of 10400. Above 10400 retest of 10500 is possible. But fresh buying only above 10560 or around 10200 with a SL of 10180. Below 10180 Nifty can come down to 10100-10060-10000.
BankNifty for the day final support was 20900 and BankNifty made a low of 20926. BankNifty was sell below 21300 for 21100 and it made a low of 21085. Not bad.
For tomorrow all rallies to 21700-21800 can be sold with SL of 22000 for target of 21500-21250-21100. BankNifty fresh sell below 20900 with SL of 21100 for target of 20650-20400-20000. BankNifty fresh buy only close above 22000.
Disclosure: I don't have any position in Nifty and Banknifty futures.
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