Saturday, 16 August 2014

BANKNIFTY AND NIFTY FUTURES LEVELS FOR 18TH AUGUST 2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 14985-15275
Resistances are at 15192-15260 and supports at 15050-14985
Above 15300 is a range breakout with further targets/resistances placed at 15450-15575
Below 14950 is a range breakdown with further targets/supports placed at 14860-14725
BankNifty Futures is strong only above 15105
NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 7740-7855
Resistances are at 7822-7843-7888 and supports at 7782-7762-7740-7690
Above 7845 is a range breakout with further targets/resistances placed at 7880-7919
Below 7740 is a range breakdown with further supports/targets placed at 7720-7690
Nifty Futures is strong only above 7795

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