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Yesterday We Gave.
Resistance
at 8625 and 8440 as support for Nifty Spot. For Subscribers we gave 8550 as
initial resistance and 8415 as initial support.
Nifty
Spot traded near to our levels by hitting day’s low of 8508.10, high of 8563.95
and closed at 8543.05.
For
Bank Nifty Spot we gave 18920 as resistance. For Subscribers we gave 18760 as
initial resistance and 19015 as further resistance.
Bank
Nifty Spot exactly respected our levels by hitting day’s low of 18783, high of 19016
and closed at 18915.
For
Nifty Future resistance given at 8660 and support given at 8480. For Subscribers
we gave 8585 as initial resistance and 8555 as initial support. Nifty Future opened
at 8558 to hit day’s low almost exact to our support of 8555 at 8550 in opening
minutes and recovered to trade in a range of 8563-8589 in first half of the day.
After hitting day’s high just above our resistance of 8585 at 8590 in mid noon
session Nifty Future fell to 8552 in afternoon session and after a range of
8562-8585 for rest of the day Nifty Future closed at 8561.70.
Resistance
for Bank Nifty Future given at 19025. For Subscribers we gave 18865 as initial
resistance and 19120 as further resistance. Bank Nifty Future opened flat to
hit open low of 18835 and inched to hit day’s high just above our resistance of
19025 at 19070 in pre noon trade. After trading in a range of 18935-19038 for
rest of the day Bank Nifty Future finally settled at 18959.
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