Nifty Tips
Bank nifty future opened with a gap up near 13300-13325 levels but could not sustain at higher levels and has closed near 13150. Now on the upside 13320 will act as a major hurdle and support at 13080 and 12980 levels. For the next trading session we recommend selling on higher levels with strict stoploss of 13350 levels.
RESISTANCE: IT HAS FIRST RESISTANCE CLOSE TO THE LEVEL OF 13300 & AFTER IT MAY FACE THE NEXT RESISTANCE CLOSE TO THE LEVEL OF 13325.
SUPPORT: IT HAS FIRST SUPPORT CLOSE TO THE LEVEL OF 13080 & AFTER IT MAY GET THE NEXT SUPPORT CLOSE TO THE LEVEL OF 12980.
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