As discussed in y'day post Bank Nifty made a low of 36334 closing around support level of 36409 ( refer to y'day post for today's levels ). FII made use of liquidity gap at open to dump nifty futures ( -1.5lac contracts ) and locals had no firepower to take back mkt to highs today , mkt kept sliding till algos stopped selling in mid afternoon.
Decision range
36459-36517
Support for the day
36204
Resistance for the day
36634
Expectations
Trend day , linear move in afternoon
Real time updates
updated in group before mkt opens , details below
Decision range
36459-36517
Support for the day
36204
Resistance for the day
36634
Expectations
Trend day , linear move in afternoon
Real time updates
updated in group before mkt opens , details below