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Asian markets are trading in the green.
The U.S. Futures are trading in slight red.
GIFT NIFTY is trading in green at 21,640.
All the factors combined indicate a gap-up opening in the market.
NIFTY has supports at 21,400, 21,340 and 21,210. We can expect resistances at 21,480, 21,580 and 21,690.
BANKNIFTY has supports at 44,900, 44,600 and 44,280. We can expect resistances at 45,230, 45,470 and 45,635.
There are no good open interest formations in the market, as our market had a 3-day weekend.
Last week, Foreign Institutional Investors net-sold shares worth Rs -12,202 crores. Domestic Institutional Investors net-bought shares worth Rs 9,700 crores.
INDIA VIX fell to 13.86.
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2024/10/05 05:27:33
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