Index levels & Views for 26 Aug

Nifty Spot closed at 10829

Resistance at 10985 / 11035

Support at 10800

BankNifty Spot closed at 26958

Resistance at 27390/ 27540

Support at 26890

View: - Will not be looking for a sell trade today. Its just the 2nd day of trade post the sort of low made where we saw some bounce back. I will expect buying to come back on dips.

As per intraday charts i will be looking to buy the 1st dip intraday today. Nifty is the stronger one compared to BankNifty on short term charts.

I will update if there is a change in View.