NIFTY AND BANK NIFTY FUTURES FOR 5TH MARCH 2012

NIFTY SPOT LEVEL: 5THMARCH 2012

Tomorrow trading is expected between the broad levels of 5280-5435. If the market breaches the level of 5395 on the upper side then the next resistance level will be 5435. But if nifty breaches the support level of 5320 then it may go down till the level of 5280

BANK NIFTY FUTURES: 5THMARCH 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10005-10790. Bank nifty futures can go down till the level of 10005 once it breaks the level of 10215. On the opposite side once breaking the level of 10605, it is expected to go upward till the level of 10790. Bank nifty will be trading between the narrow ranges of 10215-10605. 

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