Monday, 7 September 2015

UPDATE ON NIFTY AND BANK NIFTY

Cnx Nifty (7655)

Bounce back support lies around 7610..7640 zone
If maintains below this we can see 7540...further lower levels 
Any bounce can take it to its stiff resistance zone 7880/ 7920/8080
Sell on rise should be the strategy




Bank Nifty Sep Fut (16145)

Bounce back support is around 15680..zone 
Below this we can see 15200
If maintains above this it can rise upto 16700

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