#Nifty
For 03-07-2020
Support for Nifty comes at 10500-10460-10400
Resistance for Nifty comes at 10600-10678-10750
BankNifty
Support for BankNifty comes at 21900-21800-21650
Resistance for BankNifty comes at 22100-22250-22350-22500
Nifty for the day final resistance was 10600 and High is 10598. Today we hadn't got any dip so there was no trade.
For tomorrow and for next few days 10500-10400 range will act as big support. Any dip to 10500 should be bought for targets of 10600-10700. Now Nifty will be weak only below 10400. So no sell trade till it holding 10400.
BankNifty was buy above 22062 and from open low of 22135 it gave 200 points. It was also buy on dips and after making a low of 21890 it again Move to 22245.
For tomorrow all dips to 21800-21700 are buy with SL of 21600 for targets of 22000-22100. Above 22100 also Banknifty is fresh buy for target of 22500.
Banknifty will be sell only below 21500.
Disclosure: I don't have any position in Nifty and BankNifty futures.
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