Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 5420 else below support level of 5330 it would be in a downward trend. Bank Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 10340 else below support level of 10150 it would be in a downward trend.
In coming sessions market may trade in a range of 5200-5500. On the call option front strike price with the highest open interest i.e. 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5000 and 5200 may act as a support on the downside.
In coming sessions market may trade in a range of 5200-5500. On the call option front strike price with the highest open interest i.e. 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5000 and 5200 may act as a support on the downside.
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