Today, markets lost significantly and Benchmark share indices ended lower for the second session. Banking, Metal and Oil and Natural Gas dragged the indices down. Auto and realty also not traded well. Nifty settled near 4,710, down by 44 points, whereas sensex ended at 15727, down by 146 points.
Nifty Futures can be expected to be bullish in the coming trading session if it manages to trade above the resistance level of 4765 else below the support level of 4685 it would be in a downward trend.
Resistance: 4765 - 4815.
Support: 4685 - 4615.
Bank Nifty Futures can also be expected to be bullish in the coming trading session if it manages to trade above the resistance level of 8255 else below the support level of 8055 it would be in a downward trend.
Resistance: 8255 - 8475.
Support: 8055 - 7930.
Nifty Futures can be expected to be bullish in the coming trading session if it manages to trade above the resistance level of 4765 else below the support level of 4685 it would be in a downward trend.
Resistance: 4765 - 4815.
Support: 4685 - 4615.
Bank Nifty Futures can also be expected to be bullish in the coming trading session if it manages to trade above the resistance level of 8255 else below the support level of 8055 it would be in a downward trend.
Resistance: 8255 - 8475.
Support: 8055 - 7930.
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