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NIFTY AND BANK NIFTY FUTURES 10 MAY 2012



Tomorrow trading is expected between the broad levels of 4920-5040. If the market breaches the level of 5010 on the upper side then the next resistance level will be 5040. But if nifty breaches the support level of 4950 then it may go down till the level of 4920. 


Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9210-9670. Bank nifty futures can go down till the level of 9210 once it breaks the level of 9310. On the opposite side once breaking the level of 9540, it is expected to go upward till the level of 9670. Bank nifty will be trading between the narrow ranges of 9310-9540.


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