Tuesday, April 5, 2016

NIFTY AND BANKNIFTY OUTLOOK FOR 6TH APRIL 2016

Morning !

As mentioned in my previous posts.....downside levels 7680-7625-7580.....NIFTY broke these first two levels yesterday and took final support at 7580 by making day low at 7588.65 and closed at 7603.20......upside from here can be till 7640-7670 zone and then further reversal for 7625-7580-7530-7480 levels...one by one.


BANKNIFTY on the other end was a delight to watch......scored a 500 in single day. Next levels on downside are same as mentioned in my previous posts...15530-15420-15320. On upside levels remain as 15758-15829.

Happy Trading !

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