- Deepak
Index levels for 29 Oct
Nifty Spot CMP at 11627
Resistance at 11715/ 11775
Support at 11575 / 11535
BankNifty Spot CMP at 29516
Resistance at 29710 / 29860
Support at 29325 / 29175
View: - Market has given a failure of range breakdown on Friday in Both Nifty n BankNifty. SGX is suggesting a gap up open today which will take us to the recent range high. I will keep an eye on how market trades for first 15 min above the range and update the view for the day in group based on that.
I will update if there is a change in view.
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