Nifty
Nifty as expected touched the low of 5236.05 below 5280 levels today and now next support seems to be at 5200 levels. All major technical indicators are giving weak signals so we might see 5200 levels in short term, and on the upside immediate resistance is at 5300 and 5350 levels, there is higher probability of selling on higher levels in next few trading sessions.
Sens*x
Sens*x as expected was dragged down to a low of 17465 below 17650 and now next support seems to be at 17380 and below that it can even hit 17200 in short term and on the upside will be facing resistance at 17650 and 17800 levels.
Bank Nifty
Following will be the Support and Resistance for trading for Bank Nifty.
Resistance: It has first resistance close to the level of 9494 & after it could face the resistance close to the level of 9588.
Support: it has first support close to the level of 9330 & after it could get the support close to the level of 9261.
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