NIFTY SPOT LEVEL: 2ND AUG 2012
Tomorrow trading is expected between the broad levels of 5200-5265.
If the market breaches the level of 5250 on the upper side then the next
resistance level will be 5265. But if nifty breaches the support level of 5220 then it may go down till the level of 5200.
Based on the running trading scenario bank nifty future is expected to
trade between the broad levels of 10275-10520. Bank nifty futures can
go down till the level of 10275 once it breaks the level of 10350. On the
opposite side once breaking the level of 10470, it is expected to go upward till the level of 10520. Bank nifty will be trading between the narrow ranges of 10350-10470.
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