BANKNIFTY AND NIFTY FUTURES LEVELS FOR 31ST OCTOBER 2014

BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 16700-16970
Resistances are at 16890-16940 and supports at 16770-16715
Above 16950 is a range breakout with further targets/resistances placed at 16990-17090
Below 16700 is a range breakdown with further targets/supports placed at 16640-16580
BankNifty Futures is strong only above 16805

NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 8125-8269
Resistances are at 8232-8263 and supports at 8160-8130
Above 8269 is a range breakout with further targets/resistances placed at 8290-8349
Below 8125 is a range breakdown with further supports/targets placed at 8090-8065
Nifty Futures is strong only above 8176