Nifty Future had mentioned immediate support at 5131 and strong resistance at 5174. Verify in the morning trades it exactly made a low at the support level of 5131 and rushed exactly to the resistance at 5174 making a high of 5175 for the day and finally crashed to the downside target of 5066 making a low of 5064 for the day. One can see the supremacy of charts and influence of levels.
Bank Nifty Future mentioned immediate resistance at 9280. Cross over and sustenance above may move towards the strong resistance of 9325. Also mentioned up moves can be seen only above this channel resistance 9325-9348. Verify it exactly got resisted at 9325 making a high for the day at 9325 and crashed to the support of 9116 and even below in panic selling.
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