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MARKET ANALYSIS 11 OCT 2024


 


The market is waiting for a trigger to break the range, and we need to keep our eyes on the following levels for today's play. 


Bank nifty looks better than nifty. 


Any short covering can lead to an upside only. 


Bank Nifty. 


Support 51,100 – 51,150 

Secondary 50,600


Resistance. 51,600 – 51,650. 


Major: 52,000 – 52,100


Nifty. 

Support. 


24,990 – 25,020 


Secondary24,850


Resistance. 


25,120 – 25,150 | Major: 25,250 – 25,300


Let’s see how intraday things develop now.

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