RECAP
Readers of the blog would have had a great day as nifty zoomed to 4810 as we had written.
Bank nifty also achieved first target of long
NIFTY
Nifty future will have huge resistance at 4820 tomorrow. If nifty is able to surpass that resistance and break and trade above 4843, it will move to
4865, 4882 and 4905.
On the other hand, failure to trade above the resistance level would mean nifty future will correct to 4780,4765.
Breaking and trading below 4750 would make nifty weak and it will drift to 4735, 4715 and 4695.
BANKNIFTY
Bank nifty trading could be tricky tomorrow.
Trading above 8420, BNF should move up to 8465, 8500 and 8560.
Breaking and trading below 8385, bank nifty could correct to 8350, 8300 and may even break today's low and fall to 8230.
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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