The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here.
Broader Market of Friday : A Balanced distribution
Bank Nifty :
Back Ground : – Dominant seller at 10525.
Chart speak :
1) Profile in BN is starting to balance after a big sell-off
2) Auction was below the value area of Thursday
3) Value area of 9505- 9369 may have further auctions.
Nifty :
Background :
– Huge gap between 5325 and 5233 which is a single print seller.
– FA at 5014
Chartspeak :
– Profile is balanced with value area 4872- 4824
– gap of 4930-4902 remains as resistance point to upmoves
– prominent POC at 4848 may be visited again.
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