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Nifty for Tomorrow

Nifty future was trading above 5900 with positive bias. We can see smart pull back after taking support of 5800 level. Nifty future closed near to its resistance level. If nifty future manages to sustain above 5980 level we can see some more up move from here. Resistance for nifty future is at 5980/6050 and support is at 5890/5800 levels.

RESISTANCE: It has first resistance close to the level of 5980 & after it may face the next resistance close to the level of 6050.

SUPPORT: It has first support close to the level of 5890 & after it may get the next support close to the level of 5800.

Bank Nifty Tomorrow

Bank nifty future is moving under range of 11700-11250 from last few trading session. If it manages to sustain above 11700 levels then we can see more up moves from here. One should take long position above 11700 level. Resistance for bank nifty future is at 11700/11860 and support is at 11400/11275.

RESISTANCE : It has first resistance close to the level of 11700 & after it may face the next resistance close to the level of 11860.

SUPPORT: It has first support close to the level of 11400 & after it may get the next support close to the level of 11275.

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