BANKNIFTY AND NIFTY FUTURES LEVELS FOR 25TH JUNE 2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:

BANKNIFTY RANGE FOR THE DAY IS 15200-15480
Resistances are at 15405-15465 and supports at 15270-15210
Above 15480 is a range breakout with further targets/resistances placed at 15560-15621
Below 15200 is a range breakdown with further targets/supports placed at 15135-15065
BankNifty Futures is strong only above 15305

NIFTY FUTURES LEVELS FOR THE DAY:

NIFTY RANGE FOR THE DAY IS 7535-7655

Resistances are at 7626-7653 and supports at 7564-7538

Above 7672 is a range breakout with further targets/resistances placed at 7715-7765

Below 7530 is a range breakdown with further supports/targets placed at 7480-7435

Nifty Futures is strong only above 7585

BUY BANKNIFTY AT/ABOVE 15288 TARGET 15395-15455 SL 15199
SELL BANKNIFTY AT/BELOW 15385 TARGETS 15277-15217 SL 15472

BUY NIFTY FUT AT/ABOVE 7580 TARGETS 7621-7646-7674-7715 SL 7540
SELL NIFTY FUT AT/BELOW 7616 TARGETS 7570-7545 SL 7653