- Most critical levels of the day: 10205 – 10238
- Strong resistance: 10270 – 10316
- Next strong resistance: 10360 – 10407
- Major resistance: 10560 – 10625
- Strong support: 10130 – 10010
- Major support: 9910 - 9850
pax1, markets, nse, bse, dija, dow, S&P,gold, rupee, pmi, tata, reliance,
The Bank nifty needs to cross the zone between 10209 and 10238—levels, the bears will keep mounting their attack continuously . Till such time, the above levels are taken out, we should not be expecting further higher levels. any drop below 10010 or even 9850 eventually could bring in the onset of a medium term downtrend in banking stocks.