Index levels for 9 Dec

Nifty Spot CMP at 11921

Resistance at 11990 / 12055

Support at 11865 / 11835

BankNifty Spot CMP at 31341

Resistance at 31505 / 31665

Support at 31170 / 31060

View : - Expecting Nifty to take support near to the resistance levels for a test of 1st resistance level. In Short, will be looking to buy trades near to support levels for test of 1st resistance. Manage Risk all the time, use Stoploss based on the reference candle near to support levels.