NIFTY AND BANK NIFTY FUTURES : 5TH JANUARY 2012

NIFTY SPOT LEVEL: 5^TH JANUARY 2012

In upcoming trading session there is higher possibility that nifty spot will manage between broad levels of 4645-4845. If the market breaches the level of 4800 on the upper side then the next resistance level will be 4845. But if nifty breaches the support level of 4685 then it may go down till the level of 4645.

BANK NIFTY FUTURES: 5^TH JANUARY 2012

In upcoming trading session, bank nifty future is expected to trade between the broad levels of 8190-8590. Bank nifty futures can go down till the level of 8190 once it breaks the level of 8280. On the opposite side once breaking the level of 8485, it is expected to go upward till the level of 8590. Bank nifty will be trading between the narrow ranges of 8280-8485.

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