Nifty Future moving under tight range from last two trading session and not able to break 200 Days Moving Average, Nifty Future is forming Higher bottom pattern. It is signal of uptrend and closed near to its days high. Nifty future can take up move above 5755 level . IF it breaks 5620 level we can see some more correction in it. One should wait for proper break out Resistance is at 5755/5860 and It has support at 5672/5630.
RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark.
SUPPORT: It has first support close to the level of 5670& below this level the next support is seen near 5630 mark.
Bank Nifty Future saw recovery from its bottom level and closed near to its days high, Bank Nifty may take up move above 10725 level in coming trading session. One should take position after proper break out, Resistance for Bank Nifty is at 10955/11185 and it has support at 10300/10171.
RESISTANCE: It has first resistance close to the level of10955& above this level the next resistance is seen near the 11185 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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