Index levels & Views for 01 Oct
Nifty Spot closed at 11474
Resistance at 11575 / 11611
Support at 11450 / 11390
BankNifty Spot closed at 29103
Resistance at 29350 / 29510
Support at 28990 / 28840
View: - BankNifty is the weaker one, Nifty is stronger one.
I expect BankNifty to face resistance at the levels mentioned.
View for today- I will look to sell on rise in BN at around resistance levels.
If there is a change in view, i will update accordingly.