Intraday 23-5-2018

Nifty Future (Bias - Negative) 


Weak Below / Strong Above 10534.  


Banknifty Future  (Bias - Negative)


Weak Below / Strong Above 25761.  

Update on the Indexes - Nifty and Banknifty Spot

Although Max downside for Nifty and Banknifty Spot can be 10275 and 24967 respectively and Minimum has already been done, we can expect 
Nifty to get support in the  10423-10472 range (if stays below 10521) and
Banknifty to get support in the 24423-25572 range (if stays below 25720)

This is the situation at the moment. We need a bias change to get the confirmation of trend reversal!