Many must be happy after seeing red after so many days. 63 points dip as shown. The trade psychology says 1st dip is always bought into. Dont be in a hurry. Today couple of levels should work.
#Nifty. Support is placed at 19300, hence dips of 150/ 200 points is fine. Watch the premium in nifty fut and spot. If it goes down, wait, but if no change, then it can be a shallow dip. Resistance is placed at 19520
#BankNifty. Has been weaker since the last couple of days. The weakness should continue today as well and we can see 44700/800 levels. Resistance is placed at 45500.