The Nifty is close to its resistance and hence looks a bit risky at the moment, one may not know which way it would go.
Bank Nifty the all-important levels of 10770 through 10777 need to be taken out decisively and only then we can expect a dash at 10910 – 10920 being scaled.
- Most critical levels of the day: 6290 – 6310, its immediate resistance as well
- Strong resistance: 6338 – 6362
- Major resistance: 6389 – 6415
- Immediate support: 6252 – 6243
- Strong support: 6228 – 6216
- Major support: 6160 - 6148
Bank Nifty the all-important levels of 10770 through 10777 need to be taken out decisively and only then we can expect a dash at 10910 – 10920 being scaled.
- Most critical levels for the day: 10770 – 10777, its immediate resistance
- Strong resistance: 10827 – 10843
- Major resistance: 10911 – 10920, in case it moves beyond then 11014 - 11047
- Immediate support: 10723 – 10676
- Strong support: 10625 - 10557
- Major support: 10496 – 10431