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Resistance at 8540 and support at 8415 for Nifty Spot. For Subscribers we gave 8475 as initial resistance and 8445 as initial support.

Nifty Spot almost respected our levels by hitting day’s low of 8424.10, high of 8480.25 and closed at 8454.10.

For Bank Nifty Spot we gave 19075 as resistance and 18710 as support. For Subscribers we gave 18920 as initial resistance and 18790 as initial support.

Bank Nifty Spot exactly respected our levels by hitting day’s low of 18734, high of 18941 and closed at 18780.

For Nifty Future resistance given at 8565 and support given at 8435. For Subscribers we gave 8500 as initial resistance and 8465 as initial support. Nifty Future opened at 8489.80 to hit 8442 in first 30 minutes and recovered to 8478 in next hour, however slipped again to hit day’s low exact to our support at 8440 just before noon. After recovering to hit day’s high exact to our resistance at 8503.55 in afternoon session, Nifty Future slipped 8452 and after trading in a range of 8457-8481 in last hour Nifty Future finally closed at 8465.90.

Resistance for Bank Nifty Future given at 19155 and support given at 18790. For Subscribers we gave 19000 as initial resistance and 18870 as initial support. Bank Nifty Future opened at 18939 to hit day’s high exact to our resistance at 19009 in morning session and slipped to 18815 around noon. After a range of 18837-18938 till afternoon, Bank Nifty Future slipped in last hour to hit day’s low exact to our support at 18801 in closing minutes and settled at 18838.

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