Sharp and highly volatile movements expected , simply because market is extremely OS in hourly and to some extent in daily and Nifty has some downside targets to be met. So, sharp downmove and sharp pulback both are likely depending on where we are starting the day.
Nifty Spot
6175 (Bullish Above) and 6227 (More Bullish Above) are two impotant numbers and resistances
Nifty Future (6200- difficult if broken may be sharply recovered in a day or same day)
6298-6301 Strength Above / Sell Zone
6286 Resistance
6273-6276 Sell Zone
6257 Strong Sell Zone
6246-6252 Stiff Resistance
6222 Resistance / Strength Above / Sell Below
6196-6213 Consolidation
6188 Sell Below / Buy Holding
6174 Support
6149 Support
6132 Support
6111-6116 Strong Support / Buy Zone
6101 Buy All
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Banknifty Spot
11447 (Bullish Above) and 11525 (More Bullish Above) are two impotant numbers and resistances
Bank Nifty Future
12069-12083 Sell All
11805 Stiff Resistance
11706-11787 Consolidation / Resistance
11601-11650 Strong Resistance
11574 Strong Above / Weak Below
11502-11525 Resistance
11461 Weak Below / Strong Above
11385 Support
11329-11339 Sell Below / Weakness
11125-11208 Support / Weak Below
10979 Buy All
