NIFTY AND BANK NIFTY FUTURES FOR 15TH MARCH 2012

NIFTY SPOT LEVEL: 15 MARCH 2012

Tomorrow trading is expected between the broad levels of 5405-5530. If the market breaches the level of 5500 on the upper side then the next resistance level will be 5530. But if nifty breaches the support level of 5435 then it may go down till the level of 5405.

BANK NIFTY FUTURES: 15 MARCH 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10720-11005. Bank nifty futures can go down till the level of 10720 once it breaks the level of 10815. On the opposite side once breaking the level of 10960, it is expected to go upward till the level of 11005. Bank nifty will be trading between the narrow ranges of 10815-10960.

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