BANKNIFTY AND NIFTY FUTURES LEVELS FOR 18TH SEPTEMBER 2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 15770-16060
Resistances are at 15950-15990-16060 and supports at 15860-15820-15770
Above 16060 is a range breakout with further targets/resistances placed at 16130-16200
Below 15770 is a range breakdown with further targets/supports placed at 15700-15630
BankNifty Futures is strong only above 15930

NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 7940-8040
Resistances are at 8008-8020-8040 and supports at 7976-7962-7940
Above 8040 is a range breakout with further targets/resistances placed at 8063-8088
Below 7940 is a range breakdown with further supports/targets placed at 7915-7890
Nifty Futures is strong only above 7995