Dated 06.04.2021, Good Morning Friends Spot levels Nifty Cmp 14637 PCR -1.60, RSI -47.19, VIX-21.21 Resistance:-*14671*, 14720-35, 14765 Support: -14621, 14458*, 14358, 14295, 14195 Both indices are weak now , sell on rise market , huge OI build-up seen on higher levels, can short Nifty if come 14721-56 stop loss 14845 for target 14621,14458 and 14358 soon
B-nifty CMP 32678 PCR-0.82, RSI-39.11 Resistance:-32930, 33121-33205 Support:-32300*,32120, *31670-31650*,*31404* Bank nifty has huge OI at 33000 and also has strong resistance near 32925 and 33121-33205, can short for lower levels 32300,32120 and more with stop loss 33320
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NIfty low 14573 and banknifty low 32300 all targets done.