Nifty is facing the perfectly the same resistance we predicted in our yesterday’s BLOG. Nifty on the top drawing BELT HOLD in daily charts in Japanese candlestick pattern confirming further down correction on the charts. This correction shows only the retracement of the rise of 11090 to 121132 levels after which indices may move to the new high levels.

Support and Resistance for tomorrow

SUPPORT- 11968-11915

RESISTANCE-12112-12132

Bank Nifty is moving perfectly on both sides and facing support and resistance at the perfect levels given in yesterday’s BLOG. Bank Nifty is drawing perfect indecisive DOJI at the top of trend.

Support and Resistance for tomorrow

 

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