CNX Nifty (8349)
Strong support lies around 8300..8330 zone if takes support here a strong bounce can be expected
If BREAKS 8300 closing and maintains next day we can see further lower levels of 8200...so on
As mentioned earlier above 8660 closing and maintain basis can only resume uptrend signals
Stiff Resistance
8380...8400
Bank Nifty Aug fut (18135)
As mentioned earlier below 18800 we can see 18600..400..200 We saw it yesterday
Selling pattern will be active if bank nifty maintains below 18000 can show 17800...17200 levels
Maintains above 18200 it can again show a pull back of 18800 levels
Strong support lies around 8300..8330 zone if takes support here a strong bounce can be expected
If BREAKS 8300 closing and maintains next day we can see further lower levels of 8200...so on
As mentioned earlier above 8660 closing and maintain basis can only resume uptrend signals
Stiff Resistance
8380...8400
Bank Nifty Aug fut (18135)
As mentioned earlier below 18800 we can see 18600..400..200 We saw it yesterday
Selling pattern will be active if bank nifty maintains below 18000 can show 17800...17200 levels
Maintains above 18200 it can again show a pull back of 18800 levels
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