Index levels & Views for 19 June

Nifty Spot at 11778

Resistance at 11795, 11840

Support at 11730, 11695

BankNifty Spot at 30610

Resistance at 30720, 30840

Support at 30420, 30360

View: - Market has opened gap up, and is likely to head into resistance on Spot levels. I will be looking for exhaustion in index near to the resistance levels for a vwap test trade. Stricture is of trend up day, but i am open to a sell trade. Will review the trend midday.