Nifty Future traded weak due to expiry on Thursday, Resistance and support

Nifty future traded weak due to volatility in market, current derivative contract will expire tomorrow. The derivative contract traded at 6049.95 go down 0.36% tuched high of 6079.00 and low of 6043.35. Nifty future trading range is 5983.00-6383.00 in this month.

Bank Nifty traded weak at 10956.95 down 0.55%, touched high of 11126.60 and low of 10933.00. Canara Bank, Bank of India, Bank of Baroda traded positive while Yes Bank, Indusind Bank, SBIN, Union Bank, Kotak Bank, HDFC Bank, Axis Bank, PNB and ICICI Bank traded weak slipped 0.10-2.24%.

According to experts Nifty may take Resistance at 6069-6105.00 if it will move above 6056.55 and Support at 6034-5998.45 if remain below 6056.

IndianStock Market Blog

Posted in: Nifty Future Tips,Nifty Tips