Yesterday... Nifty future made a new high of 7921.
We
boldly recommended to buy on dips.
We booked part profit in Bank Nifty too.
We
have seen range bound trading in Nifty and Bank Nifty.
It made a high of 16950
mark
Our buy call in Arvind
proven great and made a high of 348 mark. We recommended positional buying
around 331---330 mark.
Now what to expect???
Nifty has support at 7850
and resistance at 7930---7955.
Still looks positive and could test its
resistance. Decisive break and sustain + close above 7955 will open doors for
8030---8080 and then to 8300+ mark in days to come
Revise stop loss below 7850
While Bank Nifty has
support at 16650 and resistance at 17025.
It looks positive and could test its
resistance level of 17025. Once break and weekly close above 17025 will see
fire in Bank Nifty.
Traders can trade with
levels only
Today's Top Pick
We will update during
market hours on our application
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More will be update soon!!
