After roller costar ride Nifty future finally manage to close above 10400 levels. For tomorrow 10400 will be crucial for Nifty future it Nifty future and if sustain below 10400 then it may test crucial support level 10355-10300 and for Bank Nifty future 24600 is crucial support and for upside movement Nifty future has to sustain above 10460 level then it can test 10530 level soon but this is immediate support and resistance for Nifty future but for short term 10640 still holds the key resistance and 10300 is the key support for Nifty future. Market is expected to be volatile and Trading strategy for Wednesday market will be buying on dips and sell on high around 10530 level for Nifty future market and Economic News will keep affecting market fluctuations either it is domestic or global.
RESISTANCE & SUPPORT LEVELS -:
Support of Nifty future is placed at 10355 and 10300.
Resistance of Nifty future is placed at 10460 and 10530.
Support of Bank Nifty future is placed at 24600 and 24380
Resistance of Bank Nifty future is placed at 25100 and 25360
STOCKS TO WATCH FOR WEDNESDAY MARKET IS V2 RETAIL
TECHNICAL VIEW:
Stock has given today closing above trend line resistance breakout level and was in consolidation phase today after 11 am we have witness increase in volume which was maximum till 6th of March. We recommend to buy V2 Retail above 436 levels.
BBL
