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Showing posts with label 9 may 2012. Show all posts
Showing posts with label 9 may 2012. Show all posts

NIFTY AND BANK NIFTY FUTURES 8 MAY 2012



Tomorrow trading is expected between the broad levels of 4900-5170. If the market breaches the level of 5085 on the upper side then the next resistance level will be 5170. But if nifty breaches the support level of 4950 then it may go down till the level of 4900.



Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 9280-10080. Bank nifty futures can go down till the level of 9280 once it breaks the level of 9435. On the opposite side once breaking the level of 9835, it is expected to go upward till the level of 10080. Bank nifty will be trading between the narrow ranges of 9435-9835.


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