Indices bounced back on expiry day; Don’t miss to read our weekly update

Yesterday, Nifty future unable to breach the support level of 15675 and bounced back to 15800 again.

SGX is trading around 15840.

Nifty future has resistance at 15910. Break and sustain above 15910 will take it to 15960—16000 levels.

More and more upside rally we will see on a close above 16000 mark.

Or else it could test it’s support level of 15740—15675 again.

Fresh downside panic we will see on a close below 15675 levels only.

Trade safely as per levels given on the chart.

Bank Nifty is struggling within a range; Support at 34600

Bank Nifty future has support at 34600 and resistance at 35200.

Break and sustain above 35200 will take it to 35500—35750 and then to 36100 level.

More and more upside rally we will see on a weekly close above 36100 level only or else it could test its support level of 34600 again.

Fresh downside panic we will see on a close below 34600 levels only.

Indies are trading in a tight range. Traders can trade safely as per level given above.

More we will update during market hours.