NIFTY UPDATE.
AS ON FRIDAY NIFTY CLOSES @8897.55.... NOW 8880 IS ACTING AS A FUNDAMENTAL SUPPORT BECAUSE IN THIS RANGE FII TOOK THEIR BUYING OF APPROX 1200cr. BUT AS ON THE TECHNICAL BASIS 8830...8795....8539....ARE THE LEVELS ON DOWNSIDE & 8800 ACT AS A SUPPORT ....BUT ON THE UPSIDE 8905....8982 ARE THE LEVELS ALL THESE LEVELS ACT MAJOR ON CLOSING BASIS.
BANK NIFTY
ON TECHNICAL BASIS BANK NIFTY TAKING SUPPORT OF 20370 BUT BELOW THIS 20130...19980....& MOST IMPORTANT 19480. & ON THE UPSIDE 21023. THE LAST ONE ABOVE THAT ONLY BANK NIFTY WILL BE BULLISH.
AS ON FRIDAY NIFTY CLOSES @8897.55.... NOW 8880 IS ACTING AS A FUNDAMENTAL SUPPORT BECAUSE IN THIS RANGE FII TOOK THEIR BUYING OF APPROX 1200cr. BUT AS ON THE TECHNICAL BASIS 8830...8795....8539....ARE THE LEVELS ON DOWNSIDE & 8800 ACT AS A SUPPORT ....BUT ON THE UPSIDE 8905....8982 ARE THE LEVELS ALL THESE LEVELS ACT MAJOR ON CLOSING BASIS.
BANK NIFTY
ON TECHNICAL BASIS BANK NIFTY TAKING SUPPORT OF 20370 BUT BELOW THIS 20130...19980....& MOST IMPORTANT 19480. & ON THE UPSIDE 21023. THE LAST ONE ABOVE THAT ONLY BANK NIFTY WILL BE BULLISH.
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