Index levels & Views for 22 Aug
Nifty Spot closed at 10918
Resistance at 11980 / 11030
Support at 10900 / 10855
BankNifty Spot closed at 27719
Resistance at 27820 / 27970 / 28100
Support at 27540
View: - Market has been falling on lower volumes since few days now. I think today near to supports levels market should give a bounce back. So i will play for a upside in 2 nd half today.
I will update on a change of view based on action post market open.