Cnx Nifty (7688)

● We can see a gap up opening today as sgx is trading +99

● This rally is an opportunity to book profits on long as charts are showing strong barriers in the zone of 8000...8500 zone 

● Charts are not showing any fresh buying opportunity 

● Intraday trades maximum BTST and STBT will be good 
Our recommended support of 7540 is hold by nifty with a closing above 7620 bounce back zone can make it rally upto 8000..8100

INTRADAY

SUPPORT 
7520
7620

RESISTANCE 
7780
7880



Bank Nifty Sep Fut (16403)

Alike Nifty, Bank Nifty too has same signals 
Bank nifty reversed before its bounce back zone (15686) from 15793 giving a good close 
Above 16500 closing we can see rally 

Intraday RESISTANCE 
16800..16720 zone 

Support 
16160..16120 zone