Nifty Futures Technical Levels
Nifty future had formed a good support near 5940 levels and has closed on a very strong note on Friday's session above 6150 levels and looking technically strong for more fresh up moves. The next technical resistance for nifty future seems close to the level of 6205 and 6245 levels. decisive closing above this resistance zone may take up nifty future to the levels of 6292/6336 in near future. Strong support for nifty future is at 5940. Decisive closing below this support zone may take it to levels of 5895 to 5900 in near run.
Bank Nifty Futures Technical Levels
Bank nifty future has closed on a very strong note again on the last trading session and is still looking to move ahead for more gains in coming week. Support for bank nifty future is at 12399-12350 levels. Technically looking for more gains from here. The next technical resistance for bank nifty future seems close to the zone of 12680 and 12750 levels. Decisive closing above this resistance zone may take up it till the level of 12950 in near future. Decisive closing below 12350 may drag it down to the levels of 12200/12050 in near future.
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