Yesterday BJP secured majority in most crucial Gujarat election & market gave thumb-sup. Both Nifty & Banknifty traded in very narrow range from 10 am to 3:30 pm in upper band, this narrow range value area is very important support for this week on both index.
For this week 10380 – 360 on Nifty Future & 25500 – 400 on Banknifty future are very crucial support. Break & sustain below these support levels will change the trend ( swing trading )
Both Index are in up-trend as of now , now sign of weakness yet , we are not buyers in this week , we will Sell once Short set-up confirm.
For this week 10380 – 360 on Nifty Future & 25500 – 400 on Banknifty future are very crucial support. Break & sustain below these support levels will change the trend ( swing trading )
Both Index are in up-trend as of now , now sign of weakness yet , we are not buyers in this week , we will Sell once Short set-up confirm.