Nifty (16985) we said ‘technically it still looks down unless 17250 is not taken out’ the Nifty traded volatile and saw the low near our 16800 zone and ahs closed in the red…technically the structure is suggestive that we could see a bounce as the place is just right but there exists a stiff resistance near 17250…
Bank Nifty (39133) we’ technically it still looks down unless 39800 is not taken out’ the Nifty Bank saw a new low but the structure is suggestive that a bounce is around the corner but there is a stiff resistance around 39800…