NIFTY AND BANK NIFTY FUTURES FOR 19 MARCH 2012

NIFTY SPOT LEVEL: 19 MARCH 2012

Tomorrow trading is expected between the broad levels of 5210-5495. If the market breaches the level of 5400 on the upper side then the next resistance level will be 5495. But if nifty breaches the support level of 5260 then it may go down till the level of 5210.

BANK NIFTY FUTURES: 19 MARCH 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10025-10995. Bank nifty futures can go down till the level of 10025 once it breaks the level of 10190. On the opposite side once breaking the level of 10675, it is expected to go upward till the level of 10995. Bank nifty will be trading between the narrow ranges of 10190-10995.

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