#Nifty
For 09-07-2020
Support for Nifty comes at 10676-10600-10550
Resistance for Nifty comes at 10770-10848-10900
BankNifty
Support for BankNifty comes at 22500-22300-22000
Resistance for BankNifty comes at 22700-22860-23080
Nifty preferred trade for today was sell at 10820-10850 and after making a high of 10847 it gave more than 150 points in intraday.
For tomorrow i will do opposite and buy on dips. The best level to buy Nifty is around 10670-10620 with SL of 10590 for target of 10760. Nifty can also be bought hourly close above 10800 for target of 10875-10900.
Nifty fresh sell only day close below 10550.
BankNifty achieved its target of 23000 however today in intraday there was no trade as it didn't gave any dip to 22500.
For tomorrow Banknifty can be bought near 22500 with SL of 22300 for intraday target of 22800-23000. An outside chance is that Banknifty might even go 23400.
Banknifty sell only below 22300 for target of 22000-21900 with SL of 22500
Disclosure: I don't have any position in Nifty and BankNifty futures.
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