NIFTY AND BANK NIFTY FUTURES : 2ND FEBRUARY 2012

NIFTY SPOT LEVEL : 2ND FEBRUARY 2012

The next trading is expected between the broad levels of 5300-5160. If the market breaches the level of 5300 on the upper side then the next resistance level will be 5356. The trading session was positive and nifty ended almost 0.70% up from previous close.

BANK NIFTY FUTURES: 2ND FEBRUARY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10140-9760. Banknifty futures is expected to see upward movement. The opposite side once breaking the level of 9760, the banknifty will find support on 9650.

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