BANKNIFTY AND NIFTY FUTURES LEVELS FOR 20TH OCTOBER 2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 15730-16250
Resistances are at 16110-16235 and supports at 15870-15740
Above 16230 is a range breakout with further targets/resistances placed at 16310-16500
Below 15720 is a range breakdown with further targets/supports placed at 15600-15475
BankNifty Futures is strong only above 15890

NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 7740-7900
Resistances are at 7852-7890 and supports at 7780-7745
Above 7906 is a range breakout with further targets/resistances placed at 7940-8006
Below 7720 is a range breakdown with further supports/targets placed at 7685-7625
Nifty Futures is strong only above 7818