#Nifty
For 29-06-2020
Support for Nifty comes at 10320-10252-10194-10120
Resistance for Nifty comes at 10410-10500-10560
BankNifty
Support for BankNifty comes at 21480-21315-21080-20900
Resistance for BankNifty comes at 21780-21950-22300-22500
Support for BankNifty comes at 21480-21315-21080-20900
Resistance for BankNifty comes at 21780-21950-22300-22500
Nifty for the day small short at 10350-10380 triggered SL of 10400. However Nifty failed to stay above 10400.
For next week good support for Nifty at 10300-10280. Below 10280 Nifty can correct to 10200-10120-10050. For Monday fresh buying only hourly close above 10400 for target of 10500-10550.
My bias for Monday is negative so i would suggest avoid buying.
For next week good support for Nifty at 10300-10280. Below 10280 Nifty can correct to 10200-10120-10050. For Monday fresh buying only hourly close above 10400 for target of 10500-10550.
My bias for Monday is negative so i would suggest avoid buying.
BankNifty for the day first support was 21300 and low made is 21320. Second resistance for the day was 21800 and High made is 21784.
For Monday important support for BankNifty is 21300. Below 21300 BankNifty can slip to 21000-20700 and even 20400 is possible. Fresh buying in BankNifty should be only close above 21800 for target of 2230-22500.
Again bias here is also negative.
For Monday important support for BankNifty is 21300. Below 21300 BankNifty can slip to 21000-20700 and even 20400 is possible. Fresh buying in BankNifty should be only close above 21800 for target of 2230-22500.
Again bias here is also negative.
Disclosure: I do not have any position in Nifty and BankNifty futures.
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