Nifty has managed to close above the recent hurdles of 5,950 which is a bullish signal. The index has strong support at 5,920 levels on the downside. There is an immediate resistance at 5,970 levels on the upside and on a decisive close above, expect rise to 6,020 and 6,040 levels.
The Bank Nifty has closed below the important support of 11300 levels and expect declines to the 11,200 and 11,100 levels. There is a strong resistance at 11,380 and 11,400 levels.
0 comments:
Post a Comment