Index levels & Views for 25 Sept
Nifty Spot closed at 11588
Resistance at 11655/ 11695
Support at 11540/ 11480
BankNifty Spot closed at 30183
Resistance at 30670 / 30790
Support at 29900 / 29785
View: - For today I am expecting a range bound market to start with, basically inside yesterday range. I will b inclined to buy the dips if market trades near to the support levels mentioned.
Follow risk management in all trades you do, use a candle as reference against which a trade should b initiated.
If there is a change in view, i will update accordingly.