Index levels & Views for 24 Sept
Nifty Spot closed at 11600
Resistance at 11710 / 11780
Support at 11470 / 11380
BankNifty Spot closed at 30566
Resistance at 31170 / 31405
Support at 30290 / 29800
View: - For today I will not be looking to long trades. Above yesterday high i will be looking for sell trades in Index and some big stocks like HUL, Titan & IndusBank.
Follow risk management while trading, use stop-loss as per how the setup is there based on any reference candle on intraday chart.
If there is a change in view, i will update accordingly.