Key support and resistance levels for the Nifty
According to pivot charts, the key support level for the Nifty is placed at 10,721.67, followed by 10,643.63. If the index moves up, the key resistance levels to watch out for are 10,845.77 and 10,891.83.
The Nifty Bank index ended 1.93 percent higher at 22,628 on July 7. The important pivot level, which will act as crucial support for the index, is placed at 22,220.7, followed by 21,813.4. On the upside, key resistance levels are placed at 22,854.9 and 23,081.8.