For today, the Nifty has to maintain itself above 11070 – 11100 for the bulls to remain in control. If that is possible the Nifty would be heading to test levels of around11180. A move below 11040 will strengthen the Bears and the next support is at around the10970.
Similarly, for the Bank Nifty strong support exists at 28100. This level needs to be protected. On the higher side the next resistance is at 28350 – 28500 which should be tested in the days to come. Only a move below 28100 will take the Index to test levels of around 27900.
Wishing you a profitable day ahead!!!