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NIFTY AND BANK NIFTY FUTURES FOR 29 MAY 2012



Tomorrow trading is expected between the broad levels of 4915-5000. If the market breaches the level of 4985 on the upper side then the next resistance level will be 5000. But if nifty breaches the support level of 4945 then it may go down till the level of 4915.


Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9425-9760. Bank nifty futures can go down till the level of 9425 once it breaks the level of 9535. On the opposite side once breaking the level of 9705, it is expected to go upward till the level of 9760. Bank nifty will be trading between the narrow ranges of 9535-9705.

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