Positive Close On Derivative Expiry For Second Consecutive Month Amid Low Range Day.

We Never Failed As Our Levels Once Again Exactly Respected.

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Yesterday We Gave.

Resistance at 8455 for Nifty Spot. For Subscribers we gave 8420 as initial resistance.

Nifty Spot almost respected our levels by hitting day’s low of 8408.30, high of 8458.90 and closed at 8421.80.

For Bank Nifty Spot we gave 18505 as resistance. For Subscribers we gave 18350 as initial resistance.

Bank Nifty Spot exactly respected our levels by day’s low of 18367, hitting high of 18522 and closed at 18440.

For Nifty Future resistance given at 8460. For Subscribers we gave 8395 as initial resistance. Nifty Future opened flat to hit open low almost exact to our level of 8395 at 8401 and added further gains to hit day’s high pinpoint to our resistance at 8459.95 around noon. After a range of 8438-8457 in mid noon session Nifty Future slipped in afternoon to hit 8406, however recovered to 8439 in last hour and finally closed at 8421.80.

Resistance for Bank Nifty Future given at 18510. For Subscribers we gave 18355 as initial resistance. Bank Nifty Future opened gap up at 18397 and rallied to hit day’s high exact to our resistance at 18519 just before afternoon. Profit booking in afternoon dragged Bank Nifty Future to hit day’s low exact to our level of 18355 at 18351 and after a choppy range of 18378-18448 in last hour Bank Nifty Future closed the day at 18440.

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