NIFTY AND BANK NIFTY FUTURES FOR 6TH MARCH 2012

NIFTY SPOT LEVEL: 6th MARCH 2012

Tomorrow trading is expected between the broad levels of 5220-5375. If the market breaches the level of 5330 on the upper side then the next resistance level will be 5375. But if nifty breaches the support level of 5250 then it may go down till the level of 5220.

BANK NIFTY FUTURES: 6th MARCH 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9990-10500. Bank nifty futures can go down till the level of 9990 once it breaks the level of 10085. On the opposite side once breaking the level of 10340, it is expected to go upward till the level of 10500. Bank nifty will be trading between the narrow ranges of 10085-10340.

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