Nifty and banknifty near new high trade analysis

Nifty has broken Resistance zone 11761:

Nifty Daily Chart
Nifty Daily Chart

Nifty is closed above resistance 11761 and it has to maintain close above 11760 on a weekly basis to get a new high.

Intraday Nifty Spot Target for 16th  April:

Buy above 11808  Target 11853

Sell below 11763  Target  11718


BankNifty near resistance zone 30600-30690:

Banknifty Candlestick chart One Hour
Banknifty Candlestick chart One Hour 

Intraday Banknifty Spot Target for 16th  April:


Buy above 30600  Target  30690  30780

Sell below 30510  Target  30420  30330


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