EOD 4-4-2018

10090 minus EOD Close in Nifty Spot will be a weakness (10090 - 10100 Strong Gann Support) . Around 10126 is 200 EMA holding it will also be a good sign.
24050 minus EOD close in Banknifty Spot will be a weakness (23950-24100 Very Strong Gann Support). Derivative Data is not confirming a trending move and rather supporting a sidewise move. Charts will have to fit it. The Market knows the best.

Crucial Supports for the Indexes

10115 and 24135 are crucial support for Nifty and Banknifty Spot.  

Intraday 4-4-2018

Nifty Future (Bias - Positive) 


Weak Below / Strong Above 10292.  


Banknifty Future  (Bias - Negative)



Weak Below / Strong Above 24654. 

Harmonics

Nifty Spot Bullish 3-Drives Target 
10277 - Not Done
10622 - Not Done
Rest later

10310 Plus a bearish ABCD pattern gets neutralized.

Banknifty Spot Bullish 3-Drives Target 

24474 - Done
25010 - Not Done
25392 - Not Done
25878 - Not Done

24561 Plus a bearish ABCD pattern gets neutralized.

Banknifty Spot Update as on EOD 3-4-2018

Banknifty is now at 61.8% crucial retracement level at 24474, 24500-24650 is a key initial resistance (of Initial Target is about 24900 and 25200) . Key trend reversal level above 24860- 200 dma which is  rising. Hourly is bit overbought.Lower side 24300 around is the key support.Infact,  Banknifty Spot has just closed above 24505 200 EMA Level and holding above this good buying will come.

Nifty Spot Update as on EOD 3-4-2018

Nifty Spot is now at 61.8% crucial retracement level at 10278, 10250-10260 is a key initial resistance (of Initial Target is about 10350 and 10420) and falling trendline resistance is also near to 10270-10280. Key trend reversal level below 10170 level or 200 DMA which is at 10186 today and rising. Hourly is bit overbought. 10300-10350 strong resistance Zone.