Our sell recommendation in Nifty and Bank Nifty has proven great. We recommended Nifty futures to sell below 15620 and Bank Nifty futures to sell below 34400 levels. As you all know that, we are holding short in Nifty and Bank Nifty futures from 15820 and 34970 levels.
Not only this… Our sell call of Tata Chemical, India bull Housing Finance and State bank of India too has proven great today. Our downside target achieved successfully.
Now, what to expect from here onward?
Nifty future has support at 15450—15375 for the day while Bank Nifty has support at 33900—33500 for the day while resistance at
15650/15791 and 34500/35300 respectively.
Trade safely as per levels given above. Anything seems then surely we will update during market hours.
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