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Monday 27 February 2012

Today levels


Bank Nifty (MAR fut.).10440

Downward momentum to continue towards the next support level of 10220 once below 10400.
Traders may continue to trade with negative bias with a REVISED Stop loss of  10600 level on below 10400 levels.
 Revised Resistance levels at 10500 /10600
  & Support levels at 10330 /10220 for todays trading session



Nifty (MAR fut.) 5434

As expected below 5460 levels we have witnessed acceleration in downside momentum towards 5400 levels. We reiterate our view that Upside momentum may only resume once Nifty fut. trades above 5570 levels .Revised Support levels at 5400 /5373
& Resistance levels 5455 /5465 /5500
for todays trading session

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