Nifty future bounce back after taking support of 5965 level and closed above psychological level of 6000. If it manages this level we can see some up move in short near term. Up side resistance for Nifty future is 6100/6140 and support for nifty future 6005/5966.
Recommendation- One should go for long position in nifty future above 6100.
Bank nifty witnessing sharp recovery after good result of ICICI bank and closed near to its good resistance level . We can see some more recovery in coming trading session resistance for bank nifty is 12500/12635 and support is 12215/12005.
Bank nifty witnessing sharp recovery after good result of ICICI bank and closed near to its good resistance level . We can see some more recovery in coming trading session resistance for bank nifty is 12500/12635 and support is 12215/12005.
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