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Showing posts with label 8 AUGUST 2012. Show all posts
Showing posts with label 8 AUGUST 2012. Show all posts

NIFTY AND BANK NIFTY FUTURES 8 AUGUST 2012



Tomorrow trading is expected between the broad levels of 5255-5390.
If the market breaches the level of 5360 on the upper side then the next
resistance level will be 5390. But if nifty breaches the support level of 5295
then it may go down till the level of 5255.


Based on the running trading scenario bank nifty future is expected to
trade between the broad levels of 10400-10710. Bank nifty futures can
go down till the level of 10400 once it breaks the level of 10495. On the
opposite side once breaking the level of 10650, it is expected to go upward
till the level of 10710. Bank nifty will be trading between the narrow ranges
of 10495-10650.

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