Markets Ignore Negative Global Markets & Greece Jitters To Close Positive After Late Hour Rally.

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Resistance at 8535 and support at 8405 for Nifty Spot. For Subscribers we gave 8500 as initial resistance and 8365 as further support.

Nifty Spot exactly respected our resistance by hitting day’s low of 8386.15, high of 8533.15 and closed at 8522.15.

For Bank Nifty Spot we gave resistance at 18835 and 18450 as support. For Subscribers we gave 18760 as initial resistance and 18625 as initial support.

Bank Nifty Spot traded near to our levels by hitting day’s low of 18417, high of 18856 and closed at 18825.

For Nifty Future resistance given at 8535 and support at 8405. For Subscribers we gave 8505 as initial resistance and 8440 as initial support. Nifty Future opened gap down at 8418 to hit day’s low of 8389.20 in first 15 minutes and traded in a range of 8392-8439 in first half of the day. After a higher range of 8421-8485 till afternoon, Nifty Future rallied in last 90 minutes to hit day’s high just above our resistance of 8535 at 8547.70 and closed at 8537.75.

Resistance for Bank Nifty Future given at 18825 and support at 18540. For Subscribers we gave 18910 as further resistance and 18455 as further support. Bank Nifty Future also opened gap down at 18549 to hit day’s low of 18412 in first 15 minutes and traded in a range of 18456-18570 in first half of the day. Adding further gains in second half Bank Nifty Future climbed to hit day’s high just below our level of 18910 at 18890 and settled at 18859.

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