Clearly and boldly suggested since past many sessions 5141-5157 is the level to watch out for.
What happened in nifty the strong opening bell at 5130 got arrested near my mentioned resistance of 5157. Verify, it made a high of 5157.35 and it was pulled down to 5092.7.
I boldly had suggested alertness.
Bank Nifty Future mentioned if crosses above 9788 it would rush to touch 9877. Bank Nifty future opened above the resistance, and moved up towards the resistance of 9954 which I have been mentioning in my older posts one may verify, today made a high of 9928.25 and got arrested clearly mentioned the supports at 9656-9611.
What happened?
Just verify it was dragged down to 9611 levels from the high of 9928.25. The low for the day was placed at 9607.4 just a few points below 9611.
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