Our support and resistance levels worked like a charm on 15th july. I think the market is weak, trade cautiously near support and resistance levels drawn here.
Mkt will be up tomorrow. 21700 will be taken out in opening by Banknifty. Banknifty can move towards 22k
priyadinesh911
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When banknifty move upward and cross 23000
aryanamar
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@priyadinesh911, due to coronavirus markets are very volatile, india's cases are near 10 lakh who knows if there could again be a lockdown in few days, so estimating is tough. it seems less like a pullback, but yeah it can take some time to reach 2300 again but if a very good news related to vaccine comes then yeah it could reach 23000 very fast.