NIFTY is likely to open negative.
It is likely to remain negative to sideways in between the short terms levels.
NIFTY short term support is between 11810-11850 and resistance is between 12050-12110.
BANKNIFTY short term support is between 29890-29950 and resistance is between 30730-30870.
Yesterday's Highlights:
1. BANKNIFTY exactly dropped from our resistance level mentioned in the post.
2. Weekly expiry was green :-)
3. Initiated two stock strategy trades in BANKBARODA and ASHOKLEY.
4. All set for workshop in Delhi for this weekend.
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