NIFTY FUTURES
Sensex closed at 18,153.99 down 48.42 points and the 50 share Nifty shed 10 points to end at 5,521.95 levels. Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 5590 else below support level of 5500 it would be in a downward trend.
BANK NIFTY FUTURES
In banking, Bank Nifty Futures shut stop at 10948.10 down by -23.15 points or -0.21 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11000 else below support level of 10800 it would be in a downward trend.
In coming sessions market may trade in a range of 5300-5700. On the call option front strike price with the highest open interest i.e. 5500 and 5600 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5300 and 5400 may act as a support on the downside.
Sensex closed at 18,153.99 down 48.42 points and the 50 share Nifty shed 10 points to end at 5,521.95 levels. Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 5590 else below support level of 5500 it would be in a downward trend.
BANK NIFTY FUTURES
In banking, Bank Nifty Futures shut stop at 10948.10 down by -23.15 points or -0.21 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11000 else below support level of 10800 it would be in a downward trend.
In coming sessions market may trade in a range of 5300-5700. On the call option front strike price with the highest open interest i.e. 5500 and 5600 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5300 and 5400 may act as a support on the downside.
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