Description

Global Market Update:
Dow jones closed just 387 points upside.

Indian Market Update:
Expected to open Positive side, Expect the market to be in side way since the market is strong but facing major resistance in Nifty and Bank nifty.

Standard Support and Resistance for Index

Nifty
Support 1 - 17800 - 17810
Support 2 - 17770 - 17780
Resistance 1 - 17640 - 17650
Resistance 2 - 17550 - 17560

Bank Nifty 
Support 1 - 41390 - 41400
Support 2 - 41080 - 41090
Resistance 1 - 41600 - 41630
Resistance 2 - 41860 - 41880

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