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.