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Yesterday We Gave.
Resistance
at 8620 and support at 8435 for Nifty Spot. For Subscribers we gave 8545 as
initial resistance and 8475 as initial support.
Nifty
Spot traded just near to our levels by hitting day’s high of 8556.25, low of 8441.30
and closed at 8462.35.
For
Bank Nifty Spot we gave 19065 as resistance and 18685 as support. For
Subscribers we gave 18905 as initial resistance and 18590 as further support.
Bank
Nifty Spot also exactly respected our resistance by hitting day’s high of 18919,
low of 18556 and closed at 18617.
For
Nifty Future resistance given at 8635 and support given at 8450. For Subscribers
we gave 8560 as initial resistance and 8490 as initial support. Nifty Future opened
at 8545.30 to hit day’s high pinpoint to our resistance at 8560 and slipped to
trade in a range of 8484-8546 in first half of the day. After another lower
range of 8481-8505 in afternoon session, Nifty Future slipped further to hit
day’s low just above our support of 8450 at 8461.50, however recovered to 8508
in last hour and closed at 8490.80.
Resistance
for Bank Nifty Future given at 19145 and support given at 18770. For Subscribers
we gave 18985 as initial resistance and 18675 as further support. Bank Nifty
Future opened flat to hit open high almost exact to our resistance at 18999 and
slipped to trade in a range of 18853-18980 in first half of the day. Fresh
selling in second half dragged Bank Nifty Future to hit day’s low just below
our support of 18675 at 18630 in afternoon session and after recovering to
18760 in last hour, Bank Nifty Future settled at 18687.
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