Indian market below key support levels

Today, Indian market traded below its key support level.

Following is a part of the weekly view on Indian markets shared (on 6th November 2017) with our clients:

Market may witness a considerable fall by tomorrow.
Nifty Fut has support at 10380 and resistance at 10560 while Bank Nifty Fut has support at 25500 and resistance at 25860. Positional traders shall hold short with S/L 10640 (Nifty) for target 9700 and with S/L
26000 (Bank Nifty) for target 24000-23800.

 

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