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NIFTY AND BANK NIFTY FUTURES : 7TH FEBRUARY 2012


NIFTY SPOT LEVEL : 7THFEBRUARY 2012

The next trading is expected between the broad levels of 5395-5325. If the market breaches the level of 5395 on the upper side then the next resistance level will be 5435. The trading session was positive and nifty ended almost 0.7% up from previous close.

BANK NIFTY FUTURES: 7TH FEBRUARY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10350-10130. Banknifty futures is expected to see downward movement. The opposite side once breaking the level of 10130, the bank nifty will find support on 9970.

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