Technical View on Nifty Futures
Nifty future as expected saw a good recovery and closed near to its resistance level , we can expected some more up move above 6000 psychological level, if it manages to sustain above 6000 level we can see next level of 6070 level in short term. One should be long in nifty future till it stays above 5900 levels. Resistance for nifty future is at level of 6027/ 6060 and support is at 5925 /5865.
Resistance: It has first resistance close to the level of 6027 & after it may face the next resistance close to the level of 6060.
Support: It has first support close to the level of 5925 & after it may get the next support close to the level of 5865.
Technical View on Bank Nifty Futures
Bank nifty future saw a recovery from last two trading days and it may continue in next trading day, if it sustains above 12450 level we can see some more up move from here to 12670 levels. Resistance for bank nifty future is at 12445/12670 and support is at 12185/12100 levels.
Resistance: It has first resistance close to the level of 12245 & after it may face the next resistance close to the level of 12670.
Support: It has first support close to the level of 12185 & after it may get the next support close to the level of 12100.
Nifty future as expected saw a good recovery and closed near to its resistance level , we can expected some more up move above 6000 psychological level, if it manages to sustain above 6000 level we can see next level of 6070 level in short term. One should be long in nifty future till it stays above 5900 levels. Resistance for nifty future is at level of 6027/ 6060 and support is at 5925 /5865.
Resistance: It has first resistance close to the level of 6027 & after it may face the next resistance close to the level of 6060.
Support: It has first support close to the level of 5925 & after it may get the next support close to the level of 5865.
Technical View on Bank Nifty Futures
Bank nifty future saw a recovery from last two trading days and it may continue in next trading day, if it sustains above 12450 level we can see some more up move from here to 12670 levels. Resistance for bank nifty future is at 12445/12670 and support is at 12185/12100 levels.
Resistance: It has first resistance close to the level of 12245 & after it may face the next resistance close to the level of 12670.
Support: It has first support close to the level of 12185 & after it may get the next support close to the level of 12100.
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