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Friday, July 10, 2015

Markets End 3 Day Losses To Close Positive. We Gave Exact Levels & Markets Traded Pinpoint To That.

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Yesterday We Gave.

Resistance at 8410 and support at 8280 for Nifty Spot. For Subscribers we gave 8375 as initial resistance and 8310 as initial support.

Nifty Spot exactly respected our levels by hitting day’s low of 8315.40, high of 8377.10 and closed at 8360.55.

For Bank Nifty Spot we gave 18690 as resistance. For Subscribers we gave 18535 as initial resistance and 18775 as further resistance.

Bank Nifty Spot traded pinpoint to our levels by hitting day’s low of 18535, high of 18768 and closed at 18720.

For Nifty Future resistance given at 8430 and support given at 8300. For Subscribers we gave 8395 as initial resistance and 8330 as initial support. Nifty Future opened at 8380 and slipped to hit day’s low almost exact to our support at 8326.05 in morning session and recovered to 8374 in afternoon. After slipping again to 8335 Nifty Future recovered to hit day’s high again almost exact to our resistance at 8402.75 in last hour and settled at 8385.55.

Resistance for Bank Nifty Future given at 18750. For Subscribers we gave 18595 as initial resistance and 18835 as further resistance. Bank Nifty Future opened gap up at 18629 to hit day’s low just below our level of 18595 at 18581 in morning session and recovered to trade in a range of 18613-18750 till afternoon. Adding further gains in last hour to hit day’s high exact to our resistance at 18840 Bank Nifty Future finally closed at 18801.

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