Nifty future as expected moved downwards after facing resistance at 6100 levels and is moving under a range of 6180-6000. It is not sustaining at higher levels . Up side resistance for nifty future is 6180/6225 and support 6000/5945 . Nifty future may continue to remain in this range of 6050-6200 until it breaks on either side.
Resistance : it has first resistance close to the level of 6086 & after it may face the next resistance close to the level of 6143.
Support : it has first support close to the level of 5900 & after it may get the next support close to the level of 5949.
Bank nifty future is facing a resistance at 12395 and not sustaining at higher level. Down side support for bank nifty is 12180/12085 and resistance is at 12400/12615 . One should take position after proper breakout both the side.
Resistance : It has first resistance close to the level of 12378 & after it may face the next resistance close to the level of 12506.
Support : It has first support close to the level of 12142 & after it may get the next support close to the level of 12033.
Resistance : it has first resistance close to the level of 6086 & after it may face the next resistance close to the level of 6143.
Support : it has first support close to the level of 5900 & after it may get the next support close to the level of 5949.
Bank nifty future is facing a resistance at 12395 and not sustaining at higher level. Down side support for bank nifty is 12180/12085 and resistance is at 12400/12615 . One should take position after proper breakout both the side.
Resistance : It has first resistance close to the level of 12378 & after it may face the next resistance close to the level of 12506.
Support : It has first support close to the level of 12142 & after it may get the next support close to the level of 12033.
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