NIFTY VIEW
Nifty broke most of the major support zones and crashed almost 860 points in a single week, deteriorating the bias and sentiment of the market players. As of now, the psychological support of 11,000 level would be tested and the big question would be whether the index sustains or breaches that level. BankNifty also has tanked in the last one week but much lesser in comparison to the Nifty index. However, the support for the week would be seen at 36,600/10,800 levels while the resistance would be seen at 39,800/11,650 levels. BankNifty would have the weekly range of 27,700-30,650 levels.
BUY

)