- Most critical levels for the day: 6094 – 6125
- Strong resistance: 6157 – 6166
- Major resistance: 6193 – 6207
- Immediate support: 6063 – 6049
- Strong support: 6029 – 6023
- Major support: 6000 – 5971
It should move above 6094 – 6125, all intraday gains will be shorted by the bears through more selling. On the downside, any fall below 6060 on large volume activity would suggest major weakness in the Nifty.
Bank Nifty
- Most critical levels of the day: 10204 – 10153
- Strong support: 10130 – 10010
- Major support: 9935 – 9890
- Strong resistance: 10294 – 10406
- Major resistance: 10560 - 10625
The Key is rupee rate it should remain above 62.63 anything lower will put banks into trouble.