Nifty Future moved under a tight range after sharp fall in last week and closed in flat note amid choppy session. If it manages to sustain below 5620 level we can see some more down trend in it. One should wait for proper break out. Support for Nifty Future is at 5600/5565 and resistance is at 5730/5860 levels.
RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5860 mark.
SUPPORT: It has first support close to the level of 5600& below this level the next support is seen near 5565 mark.
Bank nifty future also moved under tight range and closed on flat note. One should wait for proper break out on either side. If Bank Nifty future breaks 10300 level we can see some more correction in it. Support for Bank Nifty is at 10300/10171 and Resistance is at 10845/10955.
RESISTANCE: It has first resistance close to the level of10845& above this level the next resistance is seen near the 10955 mark.
SUPPORT: It has first support close to the level of10300 & below this level the next support is seen near 10171 marks.
RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5860 mark.
SUPPORT: It has first support close to the level of 5600& below this level the next support is seen near 5565 mark.
Bank nifty future also moved under tight range and closed on flat note. One should wait for proper break out on either side. If Bank Nifty future breaks 10300 level we can see some more correction in it. Support for Bank Nifty is at 10300/10171 and Resistance is at 10845/10955.
RESISTANCE: It has first resistance close to the level of10845& above this level the next resistance is seen near the 10955 mark.
SUPPORT: It has first support close to the level of10300 & below this level the next support is seen near 10171 marks.
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