Nifty future had mentioned strong support at 4725-4718 and also mentioned crossover above 4779 will take nifty back to 4823-4850 once again. Verify it opened below 4756 made a low of 4731 and sustained the support of 4725 once crossed 4779 it rushed till 4813 from these levels again nifty got pulled down and again tried to attempt but failed to break 4725 and after making a double bottom it rushed all the way towards 4850 placing a high of 4740 in the last minute of trade.
Bank Nifty future had mentioned immediate resistance comes at 8638 and sustenance below will crash to 8470-8352. Verify in the morning could not cross 8638 and once traded below 8470 it got dragged to 8370 and then in the end of the day moved exactly to the resistance of 8638.
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