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.