Bank Nifty Spot Analysis

BANK-NIFTY

Bank Nifty Spot

Watch level of 11970.

Once sustainse below then see slide up to 11923-11841.

Hurdle at 12135-12160

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Nifty Future – Watch crucial level 5875 as last hope for Support.

nifty-futures

Nifty Future

(Updated on 13.03.13 at 07.40 AM)

Yesterday mentioned break below 5935

would take NF up to 5900.

Nifty fut made low at 5914.

For Today…

Hurdle @ 5944-5952

Support at 5922-5913 for intraday

If breaks below 5906 and not crossing and sustains

above 5935-5944 then see slide up to 5890-5876.

crossover above 5952 may take NF up to 5972-5980.

If closes below 5875 then see 5816-5800.

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Nifty Future for Mar 11, 2013

Nifty Future

(Updated on 11.03.13 at 07.40 AM)

We were shouting from Thursday that from level

of 5819 that crossover above 5840 would take

Nifty fut up to 5890 and 5968 in more strength.

Nifty soared to 5981 and closed at 5968.30.

For Today…

Crossover above 5978 may rally up to 5999-6009

Resistance at 5910-5920 for intraday.

If sustains above 5920 with vol expect blast

up to 6030-6048 not ruled out.

Support at 5950-5937 for Intraday.

Crucial Support at 5850-5830 zone on  weekly basis.

Weekly Resistance at 6084-6100 zone.

Daily + Weekly closing above 5984 may take

Nifty fut up to 6057-6084

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Nifty Future for Mar 08, 2013

nifty-futures

Nifty Future

(Updated on 07-03-2013 at 07.40 AM)

Yesterday written that Nifty fut has

support near 5816-5823 zone.

Also written if NF did not sustain below 5919 and

crossover above 5840 then see rally up to 5890.

Nifty Fut dipped to 5816.16 and crossedover 5840

indicating strength and then surged to 5903.

Now for Today…………

Support at 5891-5881 zone for intraday.

Once crossover above 5912 see rally up to 5926-5935.

If sustains above 5942 then see blast up to 5956-5968.

Hurdle at 5971-5980.

Crucial support at 5868-5860.

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Nifty FUT Trade Setup For 7 March 2013

nifty-futures

Nifty Future

(Updated on 07-03-2013 at 08.30 AM)

Yesterday written that Nifty fut has

resistance at 5852 and see it rose up

to 5849.90 and closed at 5841.35

Now for Today…

Support @ 5832-5823.

Hurdle at 5858.

Likely to take Support at above levels.

Once trades above 5858 for 15 minutes

then see blast up to 5877-5890.

If breaks below 5719 and not crossing above 5840

see slide up to 5805-5785.

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Nifty FUT Trade Setup For 6 March 2013

nifty-futures

Nifty Future

(Updated on 06-03-2013 at 07.40 AM)

Last close : 5802.80

Crossover above 5812 may take up to 5822-5832.

Hurdle at 5835-5842 for intraday.

If trades above 5852 for 15 minutes then

expect rally up to 5865-5880.

Strong hurdle at 5890-5900.

Support at 5784-5772.

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