Nifty

Nifty.jpg

I am assuming Nifty to open gap up around 9895. If Index stays above 9895 on a 5 minute chart. Buy for Targets – 9910, 9925 and 9955.

If Nifty stays below 9895 on a 5 minute chart. Sell for Targets – 9875, 9835

Bank Nifty

Bank Nifty.jpg

Buy –

Above 24325, Targets – 24366, 23400

Sell –

Below 24220, Targets – 24120, 24075

Consider the prices on a closing basis on a 5 minute chart.