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Yesterday We Gave.
Resistance
at 8570 and support at 8385 for Nifty Spot. For Subscribers we gave 8535 as
initial resistance and 8425 as support.
Nifty
Spot traded exact to our levels by hitting day’s high of 8530.60, low of 8428.05
and closed at 8477.30.
For
Bank Nifty Spot we gave 18825 as resistance and 18440 as support. For Subscribers
we gave 18910 as further resistance and 18620 as initial support.
Bank
Nifty Spot almost respected our levels by hitting day’s high of 18896, low of 18581
and closed at 18822.
For
Nifty Future resistance given at 8595 and support given at 8410. For Subscribers
we gave 8530 as initial resistance and 8450 as initial support. Nifty Future opened
negative to hit day’s high of 8540.55, just above our level of 8530 and
nosedived to hit day’s low exact to our support at 8411 in first 15 minutes
trade. After trading in a range of 8445-8484 till noon, Nifty Future inched to
8539 in mid noon session, however slipped again to trade in a range of
8472-8525 for rest of the day and finally closed at 8488.05.
Resistance
for Bank Nifty Future given at 18895 and support given at 18510. For
Subscribers we gave 18980 as further resistance and 18605 as initial support. Bank
Nifty Future opened positive at 18821 to hit day’s high just above our level of
18895 at 18939 and slipped to hit day’s low exact to our support at 18611 in
first 15 minutes, however recovered to trade in a range of 18671-18850 till
noon. After trading in a higher range of 18790-18915 in second half, Bank Nifty
Future closed at 18842.
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