Karnataka Elections real result will be seen on coming Monday. Today exit poll results.
BankNifty Spot View For: 10/05/2023
CMP: 43198.15
Support & Downside Range: 43125—43099 zone, 42999--42865
Resistance & Upside Range: 43535--43750
Short Term Trend Reversal Level: -- 42582
Trading View: In today’s session key resistance to watch is 43535 spot levels as long as bank index trades below this level it remains weak and bias remains sell on rise and it can try to fall downside towards 42999 to 42865 minimum whereas break above 43535 bias in bank index goes sideways and only break above 43750 spot we may see some strong upside move to come in it.
Make daily profit using our bank nifty option tips now.
We had some retracement yesterday but in thin volumes. Infact, volumes have been going down in the futures market for quite some time. People who understand have moved to cash trading and other have moved to options. We are still in a strong uptrend and some dips are good for the market structure. It helps new people to participate.
