Index levels & Views for 16 July
Nifty Spot at 11588
Resistance at 11640, 11680
Support at 11530 , 11480
BankNifty closed at 30445
Resistance at 30690, 30860
Support at 30350, 30245
View: - Market is likely to test Friday's high again in Nifty at 11640.
We will be looking to buy on dips, till yesterday low is held on in Nifty.
I will update on a change of view based on Market opening.