TECHNICAL VIEW
Nifty
● After a rally from 8300 to 8600 last week , we can see some retracement in price below 8590 to 8480 levels.
● Strong support lies around 8440 to 8480 zone.
● Positional charts are showing that Nifty can go towards its new high
● {Resistance 8800}.
Bank Nifty :-
● It has given a breakout around 19000.
● It can show, 20500 in coming week .
● {19400-19800 resistance zone}
● 18400-18800{support zone}
Nifty
● After a rally from 8300 to 8600 last week , we can see some retracement in price below 8590 to 8480 levels.
● Strong support lies around 8440 to 8480 zone.
● Positional charts are showing that Nifty can go towards its new high
● {Resistance 8800}.
Bank Nifty :-
● It has given a breakout around 19000.
● It can show, 20500 in coming week .
● {19400-19800 resistance zone}
● 18400-18800{support zone}
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