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Nifty (16859) we said the Nifty traded volatile and has closed above our support and so it’s now Make or Break level and good place to bounce if it has too or a slide to 16640 is not ruled out’ the Nifty opened with a bear gap and traded down to close in the red…technically 17000 is a stiff resistance to deal with…
Bank Nifty (37760) we said’ technically now Nifty Bank is at Make-or-Break zone and bounce back is a possibility…if not a slide to 37065’ the Nifty opened lower and traded lower and closed in the red…technically 38200 is a stiff resistance to deal with