Gud morning all students.
So Nifty rallied almost 75 points upwards and closed above Monday's high.
Now immediate support lies at 22021 and next possibly upside target could be 22250/22316
We can see a minor gap up today. If that sustains we are good to go, else we might see a range bound day.
For #BankNifty, it's expiry day. 46915 would be immediate support and on upside we can target 47423/47662.
Its expiry day so we may see a range bound day. But seeing private banks being bought by FIIs I maintain bullish view.
One bank showing reversal from very important support zone is #IDFCFIRSTB. Axis Bank also showing a Breakout possibility from a recent resistance.
No other update than this.
Have a profitable day ahead.
So Nifty rallied almost 75 points upwards and closed above Monday's high.
Now immediate support lies at 22021 and next possibly upside target could be 22250/22316
We can see a minor gap up today. If that sustains we are good to go, else we might see a range bound day.
For #BankNifty, it's expiry day. 46915 would be immediate support and on upside we can target 47423/47662.
Its expiry day so we may see a range bound day. But seeing private banks being bought by FIIs I maintain bullish view.
One bank showing reversal from very important support zone is #IDFCFIRSTB. Axis Bank also showing a Breakout possibility from a recent resistance.
No other update than this.
Have a profitable day ahead.