NIFTY AND BANK NIFTY FUTURES FOR 27TH FEBRUARY 2012

NIFTY SPOT LEVEL: 27th FEBRUARY 2012

Tomorrow trading is expected between the broad levels of 5336-5567. If the market breaches the level of 5498 on the upper side then the next resistance level will be 5567. But if nifty breaches the support level of 5383 then it may go down till the level of 5336.

BANK NIFTY FUTURES: 27th FEBRUARY 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10243-11890. Bank nifty futures can go down till the level of 10243 once it breaks the level of 10375. On the opposite side once breaking the level of 10698, it is expected to go upward till the level of 10890. Bank nifty will be trading between the narrow ranges of 10375-10698.

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