Nifty (16570) we said ’the Nifty opened low but traded high and now if it crosses 16700 then 16925 is also possible’ the Nifty could not close above 16700…technically 16400 is a crucial support to work with and upside is open as long as 16400 holds…
Bank Nifty (35310) we said ‘technically now 35200 is still a crucial support to work with’ the Nifty Bank opened near our support of 35200 and ahs closed mildly in the green…technically 35200 is a crucial support to work with as long as it holds… upside is open…