Nifty Banknifty EOD update

As discussed on 22nd Analysis report click here  that 8210 is the balance level

 from there nifty to and fro. Also mentioned that 8270 has no importance at all,

despite closing near 8270 on 23rd you may have witness the reaction on 24th.

As Nifty breached the lower level balance point at 7970 and retrace faster,

so wait for confirmation.

Now intraday support at 8050 and Resistance at 8150.

BankNifty>>>

Discussed on 20th Report click here that closely watch the the 17882-17905

 upper cluster level as this level has the capacity to knock down  the BN to

sub 17000 level within 2-3 trading session you may have witnessed what happened.

Now intraday support at 17450/17200 and Resistance at 17580/17600.

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