Brent Crude (UK Oil) at its support zone of around 73.3-73.80. Will it hold?
368 can be good level to short given it has broken the trendline now.
Traders will look for a gap fill, and after it 11420 can act as a support, a good place to go long.
Strictly for intraday trade, one can go long near 30260.
At a long term support zone, can bounce back.
Supports at 24970, 24840 Resistance at 25190, 25460
Positive RSI divergence on daily charts. Bullish Engulfing on Weekly charts. Immediate Support at 25210 / 25060 Immediate Resistance at 25420 / 25700
BANKNIFTY broke through all major resistances today. All have turned as supports for now. Here's the setup for tomorrow Supports - 25165 / 25025 Resistances - 25315 / 25440
Supports at 24445, 24245 Resistance at 24740, 24860, 25050
Resistance at 24715 / 24840 / 25040 Support at 24500 / 24380 / 24250