For Nifty, 5650 level will be very important for today. If it trades above this level then bulls will get more strength in market.
Supports – 5630 / 5600
Resistances – 5672 / 5705 / 5725
Bank Nifty Future (Refer Chart - Bank Nifty)
Bank Nifty will find support at the level of 11250. Trading above this level will be positive for bulls. The immediate resistance for Bank Nifty will be 11360.
Supports – 112100 / 11140
Resistances – 11375 / 11420
Intra day calls
Buy above Rs 528
Stop loss at Rs 576.50
Target price of Rs 590
Buy at Rs 364
Stop loss at Rs 360
Target price of Rs 370
Rajesh V. Ravanappan is a practitioner of technical analysis. He has eight years of experience in the share broking industry. He is a contributing writer for www.www.goodreturns.in. You can contact him at firstname.lastname@example.org
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