Chinese Panic Haunts Indian Markets. Nifty Erase All Its Current Month Gains In Just 2 Days.

Exact Levels Given Again & Nifty Respected Pinpoint To Our Levels.

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Yesterday We Gave.

Support at 8475 for Nifty Spot. For Subscribers we gave 8505 as first support and 8355 as final support.

Nifty Spot traded near to our levels by hitting day’s high of 8589.15, low of 8513.50 and closed at 8521.55.

For Bank Nifty Spot we gave 18535 as support. For Subscribers we gave 18535 as initial support and 18280 as final support. Below 18280 we gave 18180 as further support in live markets.

Bank Nifty Spot exactly respected our support by hitting open high of 18567, low of 18187 and closed at 18213.

For Nifty Future support given at 8485. For Subscribers we gave 8485 as initial support and 8365 as final support. Nifty Future opened negative to hit open high of 8504.90, just below our level of 8515 and slipped to trade in a range of 8436-8476 till noon. Further selling in second half saw Nifty Future slide to hit day’s low pinpoint to our last support of 8365 and closed at 8372.80.

Support for Bank Nifty Future given at 18575. For Subscribers we gave 18575 as initial support and 18320 as final support. Below 18320 we gave further support at 18220 in live markets. Bank Nifty Future opened just above our level of 18575 to hit open high of 18600 and slipped to trade in a range of 18341-18479 in first half of the day. Fresh selling in second half saw Bank Nifty Future hit day’s low exact to our support at 18215 and closed at 18251.

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