We had a good expiry on the downside but closed at the supports. SgX shows a gap up of 75 points. The coming week is crucial for the move in Nifty as it is the best chance to break the highs. Any break above 18670 would be a confirmation of trend change.
Nifty. Support is placed at 18480 on closing basis and resistance at 18670
BankNifty. Support is placed at 43500 and resistance at 44300
Buy on dips for the day.