NIFTY AND BANK NIFTY FUTURES FOR 14TH MARCH 2012

NIFTY SPOT LEVEL: 14TH MARCH 2012

Tomorrow trading is expected between the broad levels of 5370-5470. If the market breaches the level of 5450 on the upper side then the next resistance level will be 5470. But if nifty breaches the support level of 5400 then it may go down till the level of 5370.

BANK NIFTY FUTURES: 14TH MARCH 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10615-10800. Bank nifty futures can go down till the level of 10615 once it breaks the level of 10650. On the opposite side once breaking the level of 10745, it is expected to go upward till the level of 10800. Bank nifty will be trading between the narrow ranges of 10650-10745.

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