this is myview,with out caring the Global cue or SGX'. Let us see what market kept for us.
Above 22800 toady’s Resistance 22848_22896 & 22930
Weekly above 22835 Bank Nifty’ Resistance will be 22940_23050 & 23120
Weekly below 22700 Bank Nifty’ Supports will be 22664_22600 & 22490
Monthly above 22560 BN Resistances will be 22690_22777 _22893 & 23225
Monthly BN Supports 22492
it will have strong support at 22600. I believe that BN cannot come down below this level.
Please watch the weekly & monthly levels. break below those levels only, any major fall can happen.
By the way I am expecting BN to reach 23000 on closing the series.
Definitely ur advise will help me alot.
cannot be sure that it come true. only thing a trader can do is to keep in mind the resistance and support levels and act based on
the changes in live market scenarios.
I was expecting a turn from first resistance 22850 , but it went near to the 3rd level 22918.