Nifty made a breakout above the level of 5850 today and in the end made strong closing above it. Today, overall Nifty witnessed a high volatile session with positive bias. Now the next technical resistance for nifty future seems close to the level of 6000. Closing above this resistance may take it up till the levels of 6075 to 6080 in near run. The immediate support for nifty future seems close to the level of 5820. Closing below this support may slip it till the level of 5750 in near run. For intra day trading we recommend buy on dips strategy in nifty future until it close below 5750 for the targets of 5900,6000 in near run.

Bank nifty future witnessed an upside consolidation session today and in the end made closing in the green zone. The next resistance for bank nifty future seems close to the level of 12,080. Decisive closing above this resistance may take up it till the level of 12,250 in near run. In the downside the immediate support for bank nifty future seems close to the level of 11,860. Closing below this support may make it slip till the levels of 11,730 to 11,735 in near run.