Nifty Spot View: 04/11/2022
Cmp: 18052.70
Support & Downside Range: 17960—17930--17880
Resistance & Upside Range: 18107—18178--18240
Short Term Trend Reversal Level: -- 17637
Trading View: After FED & ECB outcome we are seeing a selling pressure in global markets, for our market trading bias remains bullish to sideways till we are trading above 1 7 9 3 0 spot levels break below 17930 we may see selling pressure to build in our market also whereas upside key level to watch is 1 8 1 0 7 which is yesterday’s high break and sustain above it for 15-30 mins we may move upside towards 18178 spot levels minimum and max 18240 spot levels.
BankNifty Spot View For: 04/11/2022
Cmp: 41298.35
Support & Downside Range: 40819—40600—40440--40050
Resistance & Upside Range: 41478—41677--41900
Short Term Trend Reversal Level: -- 41000
Trading View: In yesterday’s session bank index traded between our first support and rest zone, for today’s trading session key level to watch is 40819 support till we are trading above this level we may see sideways to bullish bias by bank index, break below 40819 we may see fresh selling pressure to start in bank stocks whereas upside key level to watch is 414178 break and sustain above it for 15-30 mins bank index immediate opens for 41677 spot levels minimum and max 41900 spot levels.
The market is likely to stay sideways on Friday to eat the time value as next week is truncated due to the holiday on Tuesday. So, sideways market hep sellers eat the option value. In such scenario, it is best to make use of the SEBI registered investment advisors and we are proud to state that we are one of the original initial SEBI registered tips providers and we follow the rule in totality and this is the reason we are the best bank nifty option tips provider in india and clients swear by the accuracy of Nifty & Bank Nifty tips provided every day.