Nifty fut. 5190
ONLY if Nifty spot closes above 5220 levels. Hence we reiterate our view & advise traders to exercise caution on their long positions. A close only above 5230 levels may trigger fresh momentum on the upside upto 5270 whereas any decline below 5170 may drag the nifty fut. again in deep red territory.
Resistance levels at 5230 /5270 &
Support levels at 5170 /5105
for todays trading session.
Bank Nifty fut. 9816
Some extreme volatile action may be witnessed in today’s trading session .9700 seems to be an important juncture from here on. A decline only below this level of 9700 may trigger some selling pressure. Whereas upside momentum may be witnessed once above 9980 levels for the day.
Resistance levels at 9980 / 10030
& Support levels at 9700 /9600
for todays trading session.
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