⇲Last two days candlestick formation says that, now game in behalf of the sellers. 10250 to 200 is the vital impotent figure for Nifty.
Above this levels we can see small swings time to time short covering up to 10400 levels for trapping buyers. If nifty sustenance above 10400 for few days, then we can see 200 to 300 points rally, that means upwards moves for 10600 to 10700.
On the other side below 10200 nifty can going more down for 10000 levels and I'm not surprise if it is touch 9700 levels.
Above this levels we can see small swings time to time short covering up to 10400 levels for trapping buyers. If nifty sustenance above 10400 for few days, then we can see 200 to 300 points rally, that means upwards moves for 10600 to 10700.
On the other side below 10200 nifty can going more down for 10000 levels and I'm not surprise if it is touch 9700 levels.
⇲ Bank Nifty status is worse than Nifty after last two days candle formation. We can see small swings time to time short covering up to 25300-400 levels for trapping buyers. But ultimate target is 24400 to 23800
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