Nifty (17267) we said ‘the Nifty has closed in the red’ technically 17400 is stiff resistance and downside is open’ the Nifty has witnessed support in the lower regions and so some short covering in the lower regions is not ruled out…
Bank Nifty (38028) we said ‘technically now it is sitting on strong Make or Break levels of 38000’ the Nifty has closed near strong 38000 zones and so some short covering is not ruled out