Yesterday We Indicated Nifty Near Crucial Resistance Of 8660.
Today Nifty Made High Of 8654.75 & Reversed To Close Negative.
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Yesterday We Gave.
Resistance
at 8725 and support at 8500 for Nifty Spot. For Subscribers we gave 8650 as initial
resistance and 8580 as initial support.
Nifty
Spot exactly respected our levels by hitting day’s high of 8654.75, low of 8573.80
and closed at 8589.80.
For
Bank Nifty Spot we gave 19185 as resistance and 18715 as support. For
Subscribers we gave 19100 as initial resistance and 18810 as initial support.
Bank
Nifty Spot also exactly respected our levels by hitting day’s high of 19091, low
of 18819 and closed at 18865.
For
Nifty Future resistance given at 8740 and support given at 8515. For Subscribers
we gave 8665 as initial resistance and 8595 as initial support. Nifty Future opened
at 8650 to hit day’s high exact to our resistance at 8667 in first 15 minutes
and test to hit our support at 8596 in pre noon trade. After recovering to 8645
in afternoon session, Nifty Future fell to hit day’s low of 8580.55 and
recovered again to 8637, however came down again to 8591 in last 30 minutes and
finally settled at 8603.70.
Resistance
for Bank Nifty Future given at 19245 and support given at 18775. For
Subscribers we gave 19160 as initial resistance and 18870 as initial support. Bank
Nifty Future opened at 19042 to hit day’s high almost exact to our resistance
at 19144 and slipped to hit our support at 18876 in pre noon trade. After a recovery
to 19055 in afternoon session, Bank Nifty Future slipped again to hit day’s low
of 18853 and after a range of 18880-18973 in last hour Bank Nifty Future closed
at 18906.
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