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Nifty for Tomorrow

NSE, BSE both market were going to the ground, 50-stock index Nifty touched intraday low of 5402 and the 30 stock index BSE touched a low of 17982.17. S&P Nifty managed to hold back the 5400 mark and Sensex close below the 18000 level. That was the -1.67%(BSE) & -1.661% (NSE). On the back of consistent sell off for 5th consecutive trading session Nifty future made a low of 5411.20 and it managed to hold back psychological level of 5400.

Resistance for NSE Tomorrow may be – 5545-5600
Support for NSE Tomorrow may be – 5350- 5300

Nifty futures is showing a good support at 5350, once this level is cross it might face more selling pressure which can make the nifty to test the level.

Bank nifty tomorrow

In Bank Nifty, its looking in bearish trend for upcoming session if it manages to break the support level of 10380 below this level it might test the level of 10100 else above 10570 aggressive buying can make it to test the level of 10730. Trading will under the bearish pattern in both NSE, BSE.

Resistance for Bank Nifty Tomorrow – 10570-10730
Support for Bank nifty Tomorrow – 10380-10100

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