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NIFTY AND BANK NIFTY FUTURES 13 AUGUST 2012

NIFTY SPOT LEVEL: 13 AUG 2012

Tomorrow trading is expected between the broad levels of 5275-5350. If the market breaches the level of 5335 on the upper side then the next resistance level will be 5350. But if nifty breaches the support level of 5300 then it may go down till the level of 5275.

BANK NIFTY FUTURES: 13 AUG 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10305-10685. Bank nifty futures can go down till the level of 10305 once it breaks the level of 10375. On the opposite side once breaking the level of 10565, it is expected to go upward till the level of 10685. Bank nifty will be trading between the narrow ranges of 10375-10565.

3 comments:

Nice blog,
Just wondering what people think about current market situation? Are we ready for another phase of recession? How our stock market are gonna react? Lets share our view in this cool blog. What Say?

Buy Bank Nifty Fut above 18900 TGT 18937 & 18990 SL 18861-

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