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Resistance at 8655 and support at 8475 for Nifty Spot. For Subscribers we gave 8615 as initial resistance and 8495 as initial support.

Nifty Spot traded exact to our levels by hitting day’s high of 8621.55, low of 8497.80 and closed at 8525.60.

For Bank Nifty Spot we gave 19080 as resistance and 18705 as support. For Subscribers we gave 18995 as initial resistance and 18790 as initial support.

Bank Nifty Spot also exactly respected our levels by hitting day’s high of 19071, low of 18781 and closed at 18875.

For Nifty Future resistance given at 8685 and support given at 8500. For Subscribers we gave 8645 as initial resistance and 8540 as initial support. Nifty Future opened at 8589 and inched to hit day’s high almost exact to our resistance at 8647.90 in first 45 minutes. After trading in a range of 8602-8646 till last hour Nifty Future witnessed sudden sell off in the last 30 minutes to hit day’s low exact to our support at 8503 and closed at 8544.30.

Resistance for Bank Nifty Future given at 19170 and support given at 18790. For Subscribers we gave 19085 as initial resistance and 18875 as initial support. Bank Nifty Future opened negative at 18900 and recovered to hit day’s high just below our resistance of 19170 at 19150 around noon. After a range of 19051-19145 till last hour Bank Nifty Future also witnessed sell off in last 30 minutes to hit day’s low just below our support of 18875 at 18845 and closed at 18959.

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