Tuesday, 4 November 2014

BANKNIFTY AND NIFTY FUTURES LEVELS FOR 5TH NOVEMBER 2014


BANKNIFTY FUTURES LEVELS FOR THE DAY:
BANKNIFTY RANGE FOR THE DAY IS 17000-17390
Resistances are at 17300-17380 and supports at 17150-17065-17000
Above 17400 is a range breakout with further targets/resistances placed at 17450-17570
Below 17000 is a range breakdown with further targets/supports placed at 16910-16790
BankNifty Futures is strong only above 17190
NIFTY FUTURES LEVELS FOR THE DAY:
NIFTY RANGE FOR THE DAY IS 8300-8420
Resistances are at 8385-8420 and supports at 8335-8300
Above 8420 is a range breakout with further targets/resistances placed at 8450-8495
Below 8300 is a range breakdown with further supports/targets placed at 8275-8240
Nifty Futures is strong only above 8369

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