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NIFTY AND BANK NIFTY FUTURES 5 JULY 2012



Tomorrow trading is expected between the broad levels of 5250-5340. If the market breaches the level of 5320 on the upper side then the next resistance level will be 5340. But if nifty breaches the support level of 5275 then it may go down till the level of 5250.


Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10450-10585. Bank nifty futures can go down till the level of 10450 once it breaks the level of 10485. On the opposite side once breaking the level of 10550, it is expected to go upward till the level of 10585. Bank nifty will be trading between the narrow ranges of 10485-10550.


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