Here is a quick look at the various support and resistance from a technical point of view as provided by Mr. Ravi Singhal, Vice Chairman, GCL Securities Limited.
Nifty support zone: 11,810-11,740 points Nifty resistance zone: 11,988-12077 points
Bank Nifty support zone: 24,024-23,844 points Bank Nifty resistance zone: 24,700-25000 points
Buying zone of Nifty 11,820-11,844 points SI: 11744 TGT: 11,944-12022,12088
Bank Nifty buying zone: 24,100-24,200 Sl: 23844 TGT: 24488,24800,25000