Dow Jones trades in the range for straight fourth day; the breakout of 33,500-34,300 either side can accelerate the momentum.
Nifty tested the support zone of 17,570 yesterday and managed to close above 17,600.
On weekly expiry today, 17,500-17,570 may act as a major support while 17,719-17,737 may act as intraday resistance.
On BankNifty, with negative biased and psychological level of 42,000, index is likely to hold 41,800-42,000 zone while 42,500 will be resistance.
HDFC Bank and ICICI Bank trending with negative biased while Axis Bank and Kotak Bank trending bullish signals a mix view on index.
#PreMarket
#SGXNifty
