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NIFTY AND BANK NIFTY FUTURES : 7TH DECEMBER 2011

NIFTY SPOT LEVEL: 7TH DECEMBER 11
In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5020-5085, and if it breaks the level 5020 Then it would go down and next support would be 4975 and if it breaks the level 5085 then would go higher and next resistance would be 5130 i.e. Nifty would vary between broad range of 5020-5085.

BANK NIFTY FUTURES: 7TH DECEMBER 11
In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 9100-9350, and if it breaks the level 9100 then it would go down up to next support 8950. If bank nifty futures sustain at 9350, then it would make high up to next resistance 9470, that is bank nifty future would vary between broad range of 8950-9470.

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