NIFTY FUTURES
Nifty Futures shut stop at 5441.50 up by 102.90 points or 1.93 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5480 else below support level of 5300 it would be in a downward trend.
BANK NIFTY FUTURES
Bank Nifty Futures shut stop at 10630.20 up by 416.30 points or 4.08 It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10720 else below support level of 10150 it would be in a downward trend.
In coming sessions market may trade in a range of 5200-5600. On the call option front strike price with the highest open interest i.e. 5600 and 5700 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5200 and 5300 may act as a support on the downside.
Nifty Futures shut stop at 5441.50 up by 102.90 points or 1.93 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5480 else below support level of 5300 it would be in a downward trend.
BANK NIFTY FUTURES
Bank Nifty Futures shut stop at 10630.20 up by 416.30 points or 4.08 It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10720 else below support level of 10150 it would be in a downward trend.
In coming sessions market may trade in a range of 5200-5600. On the call option front strike price with the highest open interest i.e. 5600 and 5700 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5200 and 5300 may act as a support on the downside.
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