Thursday, 28 July 2011

BANK NIFTY FUTURES: 29 JULY 11

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10570 to 11050. Bank nifty futures can go down till the level of 10570 once it breaks the level of 10700. On the opposite side once breaking the level of 10930, it is expected to go upward till the level of 11050. Bank nifty will be trading between the narrow ranges of 10700 to 10930


SUPPORT:  First Nifty spot level near 10700 and Second Nifty spot level at 10570

RSISITANCE:  First Resistance near to 10930, and second near t0 11050

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