Tomorrow trading is expected between the broad levels of 5350-AUGUST 2012,nifty outlook for today,stock market analysis and nifty outlook,stock market blog,stock market review,technical calls for today5460. If the market breaches the level of 5440 on the upper side then the next resistance level will be 5460. But if nifty breaches the support level of 5385 then it may go down till the level of 5350.
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10305-10565. Bank nifty futures can go down till the level of 10305 once it breaks the level of 10390. On the opposite side once breaking the level of 10520, it is expected to go upward till the level of 10565. Bank nifty will be trading between the narrow ranges of 10390-10520.
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India's Union Cabinet yesterday, December 17, 2014, approved a constitutional amendment bill to provide the legal framework for rolling out a nationwide goods and services tax (GST). The today Supreme court has dismissed the plea of staying government's approach of introducing coal mines (special provisions) bill through ordinance. This news confirms the implementation of coal mines bills either through legislation in parliament or through ordinance. Companies related to metals, mining and electricity could surge up tomorrow.
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Sell Bank Nifty Fut below 18840 TGT 18800 & 18750 SL 18897-
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