
Deepak
Index levels & Views for 6 Sept
Nifty Spot closed at 10847
Resistance at 10890/ 10935
Support at 10790/ 10730
BankNifty Spot closed at 26919
Resistance at 27425/ 27590
Support at 26810/ 26645
View: - BankNifty was weaker yesterday intraday in comparison to Nifty. On positional also BN is weaker one. Yesterday there was a Bearish flag formation when market had came off, but it did not gave a move down from those levels. If today we break lows of Thursday, trade is to short with the levels of 10860 & 27000 Spot levels as stoploss.