Nifty_30-06-2020

#Nifty

For 30-06-2020 

Support for Nifty comes at  10280-10220-10160
Resistance for Nifty comes at 10350-10410-10500

BankNifty
Support for BankNifty comes at 21210-21000-20700
Resistance for BankNifty comes at 21560-21785-22000

Nifty for the day below 10280 first target was 10200 and we got 10223.

For tomorrow all rallies to 10340-10400 can be used to sell with a SL of 10440. If Nifty tomorrow breaks below 10190 then fresh sell can be done with a SL of 10250 for target of 10120-10060.
Fresh buying should only be done close above 10560.

BankNifty below 21300 first target was 21000 and it made a low of 21026.

For tomorrow Banknifty all rallies to 21500-21600 can be used for sell with SL of 21800 for intraday target of 21000. Below 21000 there will be fresh break down and Banknifty can slip to 20700-20500.
Disclosure: I don't have any position in Nifty and BankNifty futures.

Comments