NIFTY AND BANK NIFTY FUTURES : 13TH FEBRUARY 2012

NIFTY SPOT LEVEL: 13thFEBRUARY 2012

The next trading is expected between the broad levels of 5490-5320. If the market breaches the level of 5490 on the upper side then the next resistance level will be 5600. The trading session was negative and nifty ended almost 0.6% down from previous close.

BANK NIFTY FUTURES: 13thFEBRUARY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10720-10270. Banknifty futures is expected to see downward movement. The opposite side once breaking the level of 10270, the banknifty will find support on 10130.

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