Index level for 17 May

Today is the day market positions will get adjusted for Exit Polls on Sunday evening.

Nifty Future closed at 11285

Resistance at 11340 / 11380

Support at 11195 / 11150

View: - Nifty Spot had a inside day yesterday, Today since its pre event day, no technical will work, only market positioning and which side is nervous about their position. Sellers are in control for now. Its only upto them if they want to close their positions going into event.

I will be updating if there is a Intraday buy / sell signal. No plans as such till now, since it can show anyside move.

BankNifty Future closed at 28959

Resistance at 29190 / 29255

Support at 28700 / 28590

View:- I will be updating if there is a Intraday buy / sell signal. No plans as such till now, since it can show anyside move.

I am available LIVE in month of May for more updates on Market views on Zoom over the link

https://zoom.us/j/440298888