As can be seen from the Nifty Key Values
Nifty Future has
6161.5 Week Stop Loss has been defended sucessfully by Nifty Future till today
6147 Week's can't break level has been defended
Nifty Spot has
6108.5 Week Stop Loss has been defended sucessfully by Nifty Spot till today
6089 Week's can't break level has been defended
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As can be seen from the Banknifty Key Values
Banknifty Future has
10887 Week Stop Loss has been defended sucessfully by Banknifty Future till today
10824 Week's can't break level has been defended
Banknifty Spot has
10857 Week Stop Loss has been defended sucessfully by Banknifty Spot till today
10804 Week's can't break level has been defended
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Holding the above values with the support of the wave structure Nifty is likely to attempt
6249+ in Nifty Future
6224+ in Nifty Spot (6181 is the Week Trend Deciding level)
and similarly Banknifty is likely to attempt
11265.5+ In Banknifty Future
11174.35+ In Banknifty Spot (11171 in the Week trend deciding level)
NR4 day today or continuation tomorrow may be useful for it. Let us see what F&O cues do we get. The rally if it happens will be needed to be sold closer to 6300 for nifty and 11500 for Banknifty.
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