NSE NIFTY FUTURES TIPS TREND & TRADING LEVELS: Nifty closed near crucial intraday trading support of 5557, If it holds and goes continuously above 5557 then spot nifty is looking bullish & can move towards 5613.1 then 5647.8. If it again continues the same trend and holds above 5628 will surely enter into fresh buy zone and get good buying support. If it stays below 5557 then it might drag benchmarks to negative zone as Nifty will face fresh selling pressure by holding below 5557 with possible target of 5527.6.
BANK NIFTY TIPS : For Bank Nifty above the level of 11065 immediate resistance comes around 11130 and there after 11226. On downside it has a support around 10800 and then 10675. There is no weakness is seen in banknifty, it is looking highly overbought in daily charts.
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