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NIFTY AND BANK NIFTY FUTURES FOR 18 MAY 2012



Tomorrow trading is expected between the broad levels of 4810-4950. If the market breaches the level of 4910 on the upper side then the next resistance level will be 4950. But if nifty breaches the support level of 4840 then it may go down till the level of 4810.


Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 8980-9410. Bank nifty futures can go down till the level of 8980 once it breaks the level of 9060. On the opposite side once breaking the level of 9275, it is expected to go upward till the level of 9410. Bank nifty will be trading between the narrow ranges of 9060-9410.

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