Index levels & Views for 10 June

Nifty Spot closed at 11870

Resistance at 11940, 11975

Support at 11830 , 11780

BankNifty Spot closed at 31066

Resistance at 31220, 31425, 31525

Support at 30890, 30650

View: - Data points to some downside in markets is pending but charts aren't saying so. Will see how market reacts near to the supply zone / resistance levels and take a view from there. No plan for tomorrow, it will be wait and watch to judge what market wants to do. Bias is to look for downside trades near to resistance levels.