Weakness in both the Indexes Nifty & Bank Nifty in intraday for today’s market was detected well early by our new “Kinship Principle” trading method, and same was well-obeyed by the market. Our profit & successful trades are hiding in the plain sight of these market moves; one only needs to know what moves prices.
At present Nifty is range bound with Higher High and Higher Low formation, 11010 will act as intermediate resistance, and support is at 10700 / 10550.Bank Nifty has shown good recovery from the lows and still looking in strong position 27900 / 28200 are the intermediate resistance, and 26840-26900 will act as support.
Note: Above mention price projection & other Information are for educational purpose only.
