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 5,265.00 down by -115.10 points or -2.14% down. It is looking bearish in the coming trading session if it manages to trade below the support level of 5210 else above resistance level of 5350 it would be in an bullish trend.
RESISTANCE: It has first resistance close to the level of 5350 & above this level the next resistance is seen near the 5450 mark.
SUPPORT: It has first support close to the level of 5210 & below this level the next support is seen near 5150 mark.
Bank Nifty Futures
Bank Nifty Futures closed at 10502.40 down by -120.20 points or -1.13 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10330 else above resistance level of 10650 it would be in an bullish trend.
RESISTANCE: It has first resistance close to the level of 10650 above this level the next resistance is seen near to the level of 10850.
SUPPORT: It has first support close to the level of 10330 & below this level the next support is seen near 10090 marks.
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