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NIFTY AND BANK NIFTY FUTURES FOR 23RD FEBRUARY 2012


NIFTY SPOT LEVEL: 23RD JANUARY 2012
In upcoming trading session there is higher possibility that nifty spot will manage between the broad levels of 5405-5710. If the market breaches the level of 5660 on the upper side then the next resistance level will be 5710. But if nifty breaches the support level of 5465 then it may go down till the level of 5405.

BANK NIFTY FUTURES: 23RD JANUARY 2012
In upcoming trading session, bank nifty future is expected to trade between the broad levels of 10565-10975. Bank nifty futures can go down till the level of 10565 once it breaks the level of 10645. On the opposite side once breaking the level of 10860, it is expected to go upward till the level of 10975. Bank nifty will be trading between the narrow ranges of 10645-10860. 

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