BankNifty Spot

BankNifty Spot

(Updated on 12-07-12 Time 08.20 AM)

Above 10650 no worry for bulls

crossover above 10713 will elevate it to

10758-10782-10803.

Below which slide up to 10610-10564-10525

If trades below 10525 with volumes

then expect 10467.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Nifty Future Evenful day. Infosys, Tcs Result and IIP Nos

Nifty Future

(Updated on 12-07-12 Time 07.40 AM)

Below 5292 it may take NF to 5278-5263.

5255-5263 is strong support zone

If breaks below this with sustained volumes

then slide up to 5235-5224 not ruled out.

Trading above 5333-5348 for 15-20 minutes then

expect 5355-5363 levels

5355-5378 is major hurdle.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Nifty Future with support and resistance on Jul 11, 2012

Nifty Future

(Updated on 11-07-12 Time 08.40 AM)

After remaining below range of 5340 and then

correcting by about 75 points it succeeded to

take out resistance level.

As indicated here above 5298 it sustained and

moved upward upto 5363.

Now for today…..

Nearby support is 5333-5322.

5320-5305 zone is strong intraday support.

It will show more strength above 5352-5360 and

likely to kiss 5378.

If stays above 5378 levels for 15-20 minutes

with volumes it may touch 5420.

If trades below 5296 then NF may see 5285-5878 levels.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

BANKNIFTY SPOT

BANKNIFTY SPOT

(Updated on 10-07-12 Time 08.00 AM)

Yesterday we had written that above 10525

No worry at all for the bulls.

It took support at 10524.75 yesterday.

crossover 10615 with volumes may take it

to 10656-10672.

10545-10525 are intraday support zone.

Trading below 10519-10503 may drive it to

10463-10418-10362.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Nifty Future

Nifty Future

(Updated on 10-07-12 Time 07.40 AM)

We mentioned yesterday that break

below 5297-5289, NF would see 5265.

NF formed low at 5263.

TODAY

5265-5255 is intraday support area.

5242 is last intraday support.

If breaks below it sustained volumes for 15 minutes

then  expect 5195-5210 in couple of hours.

5290-5298 zone is intraday hurdle.

crossover with volumes may take it to

5322-5333.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

BANKNIFTY SPOT

BANKNIFTY SPOT

(Updated on 09-07-12 Time 08.00 AM)

Bulls dominate above 10525.

Below 10508 slide up to 10468.

10600-10565 are intraday support.

Above 10700 will take it to 10745-10801.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading