Nifty Spot View: 28/03/2023
Cmp: 16985
Support & Downside Range: 16917—16828
Resistance & Upside Range: 17110---17208
Short Term Trend Reversal Level: -- 17800
Trading View: We are witnessing a dip retracement since last many trading session now in today's trading session key level to watch is 16975—16917 spot levels if this manage to hold still bulls have a chance to bounce back as part of short covering whereas a break below 16917 we may head towards minimum 16828 and max 16700 to 16500 spot levels. If bulls manage to hold 16975—16917 then we may again try to move upside towards 17110 spot levels as part of intraday trading.
Bank Nifty Spot View For: 28/03/2023
Cmp: 39431.30
Support & Downside Range: 39270--38930
Resistance & Upside Range: 39775—40200—40300---40500
Short Term Trend Reversal Level: --
Trading View: In today's trading session key level to watch is 39270 spot as long as bank nifty trading above this levels of 15 mins sustain basis bias remains buy side for upside minimum 39775 and max 40200 as upside levels whereas if bank nifty breaks and sustain below 39270 spot for 15 to 30 mins then bias goes weak and we may head lower towards 38930 to 38600 spot levels.
