NIFTY AND BANK NIFTY FUTURES :6TH FEBRUARY 2012

NIFTY SPOT LEVEL: 6th FEBRUARY 2012

The next trading is expected between the broad levels of 5245-5350. If the market breaches the level of 5350 on the upper side then the next resistance level will be 5395. The trading session was positive and nifty ended almost 1.0% up from previous close.

BANK NIFTY FUTURES: 6th FEBRUARY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10350-9970. A bank nifty future is expected to see downward movement. The opposite side once breaking the level of 9970, the bank nifty will find support on 99700.

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