Nifty and Bank nifty analysis 13/01/2020

NIFTY

Close At 12256.80

 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 12280/12300  selling pressure in Nifty.



Nifty resistance 12280/12300/12350

If Two and Third resistant can buy in this level close Above 12300 an hold  five minutes to ten minutes and buy expected Target 12350/12400/12490



Nifty support 12200



Nifty considering support around 12180/12150 next support 12100/12000

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 BANK NIFTY UPDATE 

Close= 32097.40

Or Monday 13/01/2019

Most important level Upside and Downside
Upside level at .         32500
Downside level at .    31950


     BANK NIFTY seems there is no strength at higher level yes in last  days index if come back to 32350/32400 selling pressure in Bank nifty.


Bank nifty resistance 32100/32300/32500

If Two and Third resistant can buy in this level close Above 32300 an hold  five minutes to ten minutes and buy expected Target 32400/32500/32750/32900



Bank nifty support 32000


Bank nifty considering support around 31900/31800 next support 31600/31500/31350

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