Nifty and Bank Nifty Levels for 08th Oct.

Nifty future as mentioned earlier faced strong resistance near 6245-6250 zone, and resulted in a sell off from this zone. Now on the downside first support is at 6095 and 6015 level and on the upside resistance is at 6180 and 6220 levels. Nifty future in the last trading session has closed below the 6160 levels and looks some more selling is due in markets going ahead, for intra day we recommend selling at higher levels till it stay below 6200-6180 levels. 

Bank nifty future below 12625-12600 resulted in a good sell off and now on the downside first support is at 12450-12400 zone and on the upside resistance is at 12680 and 12780 levels. For intra day we recommend selling at higher levels till it closes  below 12625 levels for targets of 12525-12450 levels.