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Banknifty spot
(Updated on 27-07-2012 at 07.40 am)
10052-10022 is strong support zone
Crossover 10144 will ignite the pullback
rally up to 10212-10270.
10285-10315 is hurdle zone.
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THOUGHT FOR TODAY
Harmony In Relationships
Speak always with a conscious control and only what is necessary and helpful.
Nifty Future
(Updated on 27-07-12 Time 07.20 AM)
NF could not crossover 5126 and hovered around 5097 for
long time and then extended the severe fall up to 5034
after breaking below 5081.
Now for today…
Crossover 5065 will drive it to 5078-5089.
If sustains above 5090-5093 market will see 5114-5124-5152
Market remained bearish for several days so
it is in oversold zone short at lower levels not advisable
5031-5020 is strong support zone.
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Banknifty spot
(Updated on 26-07-2012 at 08.40 am)
Above 10289-10301 move up to 10323-10358
10370-10395 is short term hurdle.
Below 10245 slide up to 10221-10210
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Nifty Future
(Updated on 26-07-12 Time 08.20 AM)
Nifty fut tumbled to 5078 after breaking 5107-5097 zone.
We indicated 5181 might support and market bounced off
that level.
We traded long from 5085 and booked handsome intraday
gain.
Now for today…
Crossover 5126-5132 zone with sustained volumes
may improve the sentiment for short term trend and
likely to move up to 5152-5172.
5182-5190 is strong hurdle zone.
Breaking below 51002-5097 may drive it to 5089-5081
In further weakness Market may see 5064-5052.
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BUY NIFTY 5082-5088
Targets 5128
Suppose to close above this…
Then 5144-5168 very soon
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Banknifty Spot
(Updated on 25-07-2012 at 08.20 am)
See again the projected levels
for Resistance and support for intraday.
We indicated resistance at 10348 and support at 10239.
Now see the yesterday’s high at 10349 and low at 10237.
Now for today…
Below 10272 slide upto 10256-10242.
Further downside with sustained volume below 10228
And expect 10186.
10350-10420 strong resistance for short term trend.
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