Gap down opening is certain, however market can recover.
Nifty Spot View: 11/07/2022
Cmp: 16220.90
Support & Downside Range: 16150—16090—16020—15980 zone
Resistance & Upside Range: 16299—16314 zone, 16400—16455 zone
Short Term Trend Reversal Level:-- downside 15500
Trading View: Intraday trading bias remains buy on dips till nifty is trading above 15984—16020 spot levels any dip in zone of 16090—16020 is good buying chance in portion by keeping stop loss below 15980 zone whereas upside 16299—16314 remains intraday strong rest for the day new move on cross above 16299—16314 only.
#BankNifty Spot View For: 11/07/2022
Cmp: 35120.20
Support & Downside Range: 34740—34540—34340--34165
Resistance & Upside Range: 35545--36315
Short Term Trend Reversal Level: -- downside 33000
Trading View: Intraday trading bias remains buy on dips till bank index trading above 34165 spot levels any dip in a zone of 34540—34340 is a good buying chance in a portion by keeping stop loss below 34165 whereas upside 35545 act as strong rest new move once we cross above this levels till then bank index may spend time between 34340 to 35545 range.
Make use of our Nifty Tips for Today and start living a comfortable life.
