Index levels & Views for 18 July

Nifty Spot at 11687

Resistance at 11710 / 11775

Support at 11660 , 11640, 11615 ( all light supports, no buying here )

BankNifty closed at 30735

Resistance at 30860, 30955

Support at 30630, 30490

View: - I will be looking for sell traders once we cross yesterday high in Nifty. Accordingly i will adjust for Banknifty for same time when Nifty makes a DH abv yesterday high.

I will update on a change of view based on Market opening.