Flat Close, Recovery In Last Hour After Morning Profit Booking. Our Levels Exactly Respected Again.

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Yesterday We Gave.

Resistance at 8690 and support at 8530 for Nifty Spot. For Subscribers we gave 8625 as resistance and 8565 as initial support.

Nifty Spot traded exact to our levels by hitting day’s low of 8559, high of 8624.10 and closed at 8603.45.

For Bank Nifty Spot we gave 19280 as resistance and 18910 as support. For Subscribers we gave 19125 as resistance and 18825 as further support.

Bank Nifty Spot traded near to our levels by hitting day’s low of 18853, high of 19149 and closed at 19033.

For Nifty Future resistance given at 8705 and support given at 8545. For Subscribers we gave 8640 as initial resistance and 8580 as initial support. Nifty Future opened flat at 8625.50, slipped to trade in a range of 8580-8609 and hit day’s low almost exact to our support at 8576.55 around noon. After a range of 8580-8603 in afternoon, Nifty Future recovered in last hour to hit day’s high almost exact to our resistance at 8647.70 and closed at 8628.25.

Resistance for Bank Nifty Future given at 19330 and support given at 18965. For Subscribers we gave 19175 as initial resistance and 18880 as further support. Bank Nifty Future opened at 19150 to hit day’s high just almost exact to our resistance at 19190 and slipped to trade in a range of 18907-19105 till noon. After hitting day’s low exact to our support at 18876 in afternoon session, Bank Nifty Future recovered in last hour to 19172 and settled at 19090.