Nifty50
Nasdaq and Dow Jones futures showed a profit booking on Friday, 16-02-2024. As per Gift Nifty, Nifty is trading around 22070 now. Although Nifty has broken the important point 22030, it lacks momentum now. ‘All Time High’ 22120-130 zone acts as resistance now. Above 22120-130, we will get a double top breakout pattern in Nifty. But, one major correction is due in Nifty.
Bank Nifty Future
Bank-Nifty-Future-Support-and-Resistances-19-02-2024
Bank Nifty future stays above 46330 which is a breakout. 47000 & 47200 are the major resistances above.
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