NIFTY SPOT LEVEL: 17thJANUARY 2012
In upcoming trading session there is higher possibility that nifty spot will manage between the broad levels of 5625-5435. If the market breaches the level of 5575 on the upper side then the next resistance level will be 5625. But if nifty breaches the support level of 5470 then it may go down till the level of 5435.
BANK NIFTY FUTURES: 17th JANUARY 2012
In upcoming trading session, bank nifty future is expected to trade between the broad levels of 10745-11135. Bank nifty futures can go down till the level of 10745 once it breaks the level of 10855. On the opposite side once breaking the level of 11045, it is expected to go upward till the level of 11135. Bank nifty will be trading between the narrow ranges of 10855-11045.
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