BANKNIFTY AND NIFTY FUTURES LEVELS FOR 2ND JULY2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:

BANKNIFTY RANGE FOR THE DAY IS 15300-15540

Resistances are at 15475-15500-15540 and supports at 14395-15360-15300
Above 15540 is a range breakout with further targets/resistances placed at 15599-15655
Below 15300 is a range breakdown with further targets/supports placed at 15250-15195
BankNifty Futures is strong only above 15430

NIFTY FUTURES LEVELS FOR THE DAY:

NIFTY RANGE FOR THE DAY IS 7600-7699
Resistances are at 7678-7691 and supports at 7644-7630-7600
Above 7700 is a range breakout with further targets/resistances placed at 7746-7788
Below 7600 is a range breakdown with further supports/targets placed at 7555-7530
Nifty Futures is strong only above 7665