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NIFTY AND BANK NIFTY FUTURES : 11TH JANUARY 2012


NIFTY SPOT LEVEL: 11TH JANUARY2012
In upcoming trading session there is higher possibility that nifty spot will manage between the broad levels of 4745-4945. If the market breaches the level of 4895 on the upper side then the next resistance level will be 4945. But if nifty breaches the support level of 4800 then it may go down till the level of 4745.

BANK NIFTY FUTURES: 11TH JANUARY 2012
In upcoming trading session, bank nifty future is expected to trade between the broad levels of 8555-8995. Bank nifty futures can go down till the level of 8555 once it breaks the level of 8665. On the opposite side once breaking the level of 8875, it is expected to go upward till the level of 8995. Bank nifty will be trading between the narrow ranges of 8665-8875. 

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