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Yesterday We Gave.
Resistance
at 8550 and support at 8385 for Nifty Spot. For Subscribers we gave 8515 as
initial resistance and 8420 as initial support.
Nifty
Spot almost respected to our levels by hitting day’s low of 8425.95, high of
8520.45 and closed at 8495.15.
For
Bank Nifty Spot we gave 18965 as resistance and 18600 as support. For
Subscribers we gave 18810 as initial resistance and 18680 as initial support.
Bank
Nifty Spot exactly respected our levels by hitting day’s low of 18636, high of
18804 and closed at 18703.
For
Nifty Future resistance given at 8565 and support given at 8400. For Subscribers
we gave 8530 as initial resistance and 8435 as initial support. Nifty Future
opened negative near our first support at 8460 to hit day’s low just below our
next support of 8435 at 8426.75 in opening minutes and recovered to hit day’s
high almost exact to our resistance at 8534.65 in pre noon trade. After trading
in a range of 8483-8524 for rest of the day Nifty Future finally closed at
8505.40.
Resistance
for Bank Nifty Future given at 18995 and support given at 18630. For
Subscribers we gave 18840 as initial resistance and 18710 as initial support. Bank
Nifty Future opened at 18800 to hit 18685 in first 30 minutes and recovered to
hit day’s high exact to our resistance at 18837 in pre noon trade. After a
range of 18705-18880 till afternoon, Bank Nifty slipped to hit day’s low almost
just above our support of 18630 at 18651, however made partial recovery in last
hour to close the day at 18731.
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