BANKNIFTY AND NIFTY FUTURES LEVELS FOR 29TH OCTOBER 2014

BANKNIFTY AND NIFTY FUTURES CALLS FOR 29TH OCTOBER 2014

BUY BANKNIFTY AT/ABOVE 16672 TARGETS 16750-16840 SL 16610
SELL BANKNIFTY AT/BELOW 16700 TARGETS 16620-16550 SL 16765

BUY NIFTY FUT AT/ABOVE 8031 TARGETS 8060-8082 SL 8009
SELL NIFTY FUT AT/BELOW 8049 TARGETS 8015-7995 SL 8070

BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 16550-16850
Resistances are at 16750-16840 and supports at 16610-16550
Above 16850 is a range breakout with further targets/resistances placed at 16890-16950
Below 16550 is a range breakdown with further targets/supports placed at 16450
BankNifty Futures is strong only above 16680

NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 7995-8070
Resistances are at 8055-8070 and supports at 8025-8010-7995
Above 8070 is a range breakout with further targets/resistances placed at 8110-8135
Below 7995 is a range breakdown with further supports/targets placed at 7955-7930
Nifty Futures is strong only above 8036