Apologies that I could not update my page as I am Covid positive and recovering…
Nifty (17757) we said’ the Nifty has closed in the red and technically now the 18000 has become a stiff resistance to deal with’ the Nifty unfolded weak as expected and has closed in the red on strong support levels…technically now a good place would be to buy when Nifty crosses 17700 for a target of around 18000 in the days to come…
Bank Nifty (37851) we said’ the Nifty Bank has traded lower and has closed in the red…technically now 38500 has become a stiff resistance to deal with’ the Nifty Bank traded lower as expected and has closed in the red…technically a good place to buy would be when bank nifty crosses above 37750 for a target of around 38500 in the days to come…