Nifty Tips
Bank nifty future made a gap up opening but witnessed a correction from the upper levels and in the end made closing in red zone. The short term support for bank nifty futures seems close to the levels of 12080 to 12085. Decisive closing below this support zone may make it slip till the levels of 11990, 11860 in near run. Overall we might see the upside consolidation in bank nifty futures in upcoming trading session. In the upward direction the resistance seems close to the level of 12400. Closing above this resistance may take bank nifty future up for the level of 12500 in near run.
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