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NIFTY AND BANK NIFTY FUTURES : 9TH FEBRUARY 2012


NIFTY SPOT LEVEL: 9TH FEBRUARY 2012

The next trading is expected between the broad levels of 5435-5290. If the market breaches the level of 5435 on the upper side then the next resistance level will be 5500. The trading session was flat and nifty ended almost 0.6% up from previous close.

BANK NIFTY FUTURES: 9TH FEBRUARY 2012
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10540-10125. Banknifty futures is expected to see downward movement. The opposite side once breaking the level of 10125, the banknifty will find support on 9950.

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