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NIFTY AND BANK NIFTY FUTURES : 23RD DECEMBER 2011


NIFTY SPOT LEVEL: 23rdDECEMBER 11
In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4680-4785, and if it breaks the level 4680 Then it would go down and next support would be 4625 and if it breaks the level 4785 then would go higher and next resistance would be 4840
BANK NIFTY FUTURES: 23rdDECEMBER 11
In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8290-8485, and if it breaks the level 8290 then it would go down till next support 8175. If bank nifty futures breaks 8485, then it would make high up to next resistance 8595.

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