Nifty (MAR fut.) 5383
Nifty fut is heading towards its crucial support zone for the day near 5355 -5330 levels. Fresh downside momentum may set in below 5320 levels. Volatile activity likely to continue for todays session as well.
Traders are advised to avoid any heavy positions on either side of the trend.
Support levels at 5355 /5330 &
Resistance levels 5400 /5425 /5460 for todays trading session.
Bank Nifty (MAR fut.).10344
Bank Nifty fut. has tested the initial support levels of 10300 level.
The decline below 10300 levels may trigger fresh downside momentum upto 10160 /10060 levels which will be negateve once Bank Nifty fut. closes above revised resistance level of 10500 levels.
Traders can continue to trade with Negative bias until 10500 levels is not breached on the upside. Resistance level at 10500 /10650 &
Support levels at 10300 /10160 /10060 for todys trading session.
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