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Market 29th Oct 2019

Nifty (11627) we said ‘supports exists at 11476 and resistance is at 11674’ the Nifty unfolded strong as expected and saw the high on our resistance like a dot on the mahurat Day and has closed in the green…technically uptrend is still intact and the next level to watch would be 11724-11789…supports exists at 11534-11476…

Nifty Bank (29516) we said ‘technically a bounce is not ruled out…support exists at 28803 and resistance is at 29566-29854’ the Nifty Bank unfolded as strong as expected and has closed in the green…technically uptrend is still intact and the next level to watch would be 29788-29854…supports exists at 29300…

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