Nifty and Bank nifty Technical Analysis 12/12/2019

NIFTY


Close At 11910.15

 What direction will the Nifty move during the day
How many levels can go up and down?
Where the Nifty closes above the level, there is a big upside, and where the level closes below, the big down comes.

    Nifty seems there is no strength at higher level yes in last two days index if come back to 11930/11950  selling pressure in Nifty.

Nifty resistance 11950/11980/12030

If Two and Third resistant can buy in this level close Above 11980 an hold  five minutes to ten minutes and buy expected Target 12100/12200

Nifty support 11885
Nifty considering support around 11880/11850 next support 11790/11750
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 BANK NIFTY UPDATE 


Close= 31256.75
Today banknifty days low 30997
And Short covering 300 point in lower level

Or 12/12/2019

Most important level Upside and Downside

Upside level.      31500
Downside level 31100

     BANK NIFTY seems there is no strength at higher level yes in last  days index if come back to 31500 selling pressure in Bank nifty.



Bank nifty resistance 31400/31500/31700

    If Two and Third resistant can buy in this level close Above 31500 an hold  five minutes to ten minutes and buy expected Target 31700/31800/31950

   Bank nifty support 31200
Bank nifty considering support around 31150 next support 31100/31050/30900

NOTE 👇
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