Nifty and bank nifty futures 21 august 2012

[EquityCommodity]

NIFTY SPOT LEVEL: 21ST AUG 2012

Tomorrow trading is expected between the broad levels of 5310-5425. If the market breaches the level of 5395 on the upper side then the next resistance level will be 5425. But if nifty breaches the support level of 5340 then it may go down till the level of 5310.

BANK NIFTY FUTURES: 21ST AUG 2012

Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10275-10580. Bank nifty futures can go down till the level of 10275 once it breaks the level of 10345. On the opposite side once breaking the level of 10500, it is expected to go upward till the level of 10580. Bank nifty will be trading between the narrow ranges of 10345-10500.

[Ritikasharma]

Gm good morning
indian market update
nifty spot trend: Bullish
s1- 5235
s2- 5200
r1- 5350
r2- 5400

gm indian market update
bank nifty future trend: Bullish
s1- 9850
s2- 9700
r1- 10190
r2- 10370

[Ritikasharma]

GM GOOD MORNING
INDIAN MARKET UPDATE
NIFTY SPOT TREND: CONSOLIDATE
S1- 5340
S2- 5300
R1- 5400
R2- 5450

[nitishtrifid]

Stock Tips Equity Tips

Weekly Nifty Report for 17/Sep./2012 – 21/Sep./2012

Markets ended on a very strong note led by domestic and global factors. Nifty future on its weekly charts has given a breakout from the channel pattern and on closing basis still it looks bullish and may test the crucial resistance level of 5700. Major event in the coming week is RBI monetary policy which is eyed and can be responsible for volatility in the market. On lower side, 5400 may act as the major support for it which is near to its 100 day SMA.