- Deepak
Index levels & Views for 3 Oct
Nifty Spot closed at 11359
Resistance at 11440 / 11490
Support at 11250 / 11190
BankNifty Spot closed at 28725
Resistance at 29150 / 29300
Support at 28340 / 28125
View: - Tuesday we saw a big dip in markets and a smart recovery by close. Today again Market is expected to open gap down. I will be looking for long trades near around Tuesday low with a reference candle in place and risk management for first levels at around closing of Tuesday.
If there is a change in view, i will update accordingly.