Today Whole market was bearish and the same result held with the Nifty futures and the Bank nifty futures, Both have been closed at in negative position.
Nifty Futures
The Nifty futures closed at 5452.65 down by -63.15 points or -1.14% down. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5505 else below the support level of 5435 it would be in a down trend.
RESISTANCE: It has first resistance close to the level of 5505 & above this level the next resistance is seen near the 5630 mark.
SUPPORT: It has first support close to the level of 5435 & below this level the next support is seen near 5310 mark.
Bank Nifty Futures
Bank Nifty Futures closed at 10633 down by -191.30 points or -1.77% down. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10850 else below the support level of 10600 it would be in a down trend.
RESISTANCE: It has first resistance close to the level of 10850 above this level the next resistance is seen near to the level of 10990.
SUPPORT: It has first support close to the level of 10600 & below this level the next support is seen near 10330 mark.
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