Yesterday... Nifty future gained almost 80 points but unable to sustain and slipped again. Nifty future unable to cross 7630 mark as it face major hurdle in it.
Our buy call in Bank Nifty proven great and made a high of 15750. We booked profit.
Now what to expect???
Nifty future has support at 7430 and resistance at 7630. It is trading in a range and either side break or close with volume will decide further. Till then traders can trade safely with levels only and wait for confirmation
On the other hand.. Bank Nifty has hurdle at 15780. Close above 15780 will see more upside rally till 15920---16050. More and more power will see only above 16050 mark.
This week close is crucial for market and gives further direction.
Today's top pick
Today's top pick we will update during market hours!!
