Nifty futures showed a sharp recovery after GDP data and has closed near to its major resistance level of 5900. It may take up move above 5900 level . One should take long position in it above 5900 level . Resistance for nifty future is at the levels of 5910 /5990 and support is at the levels of 5835/5750.

Resistance: It has first resistance close to the level of 5910 & after that it may face the next resistance close to the level of 5990.

Support: It has first support close to the level of 5885 & after it may get the next support close to the level of 5750.

Bank nifty futures bounced back after taking support of 12766 level . We can see some more up move from 12100 level if it manages above 12100 level, till 12350 level. Resistance for bank nifty futures is at 12100/12325 and support is at the levels of 11927/11750 .

Resistance levels:It has first resistance close to the level of 12100 & after it may face the next resistance close to the level of 12350.

Support:It has first support close to the level of 11925 & after it may get the next support close to the level of 11750.