Bank & Nifty Future Levels for 05Oct2011

The Nifty has closed on a negative note last day and is now expected to slip down till 4640 in the short term. A key  support in the immediate term is at 4720 while resistance will be faced at 4870.

On the daily chart the Nifty is trading below its 20 DMA and 40 DMA ie 4991 and 5050 respectively.

Nifty Future Levels for 05/10/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
NIFTY Futures	4665.0	4740.0	4778.0	4835.0	4889.0	Go Sort Above R1

BANK Nifty Future Levels for 05/10/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
BANK NIFTY Futures	8505.0	8675.0	8884.0	9037.0	9215.0	Go Sort Above R1

Bank Nifty & Nifty Future Levels for 04Oct2011

Resistance @ 5035

The Nifty has closed in the negative today after a sharp bounce yesterday; it is now expected to slip down till 4700 in the short term. A key support in the short term would be around 4900 while resistance will be faced at 5035.



On the daily chart the Nifty is trading below its 20 DMA and 40 DMA ie 5014 and 5075 respectively.

Nifty Future Levels for 04/10/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
NIFTY Futures	4825.0	4880.0	4929.0	4985.0	5049.0	Go Sort Below S1

BANK Nifty Future Levels for 04/10/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
BANK NIFTY Futures	9145.0	9255.0	9428.0	9635.0	9795.0	Go Sort Below S1

Bank Nifty & Nifty Future Levels for 03Oct2011

Resistance @ 5035

The Nifty has closed in the negative today after a sharp bounce yesterday; it is now expected to slip down till 4700 in the short term. A key support in the short term would be around 4900 while resistance will be faced at 5035.



On the daily chart the Nifty is trading below its 20 DMA and 40 DMA ie 5014 and 5075 respectively.

Nifty Future Levels for 03/10/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
NIFTY Futures	4825.0	4880.0	4929.0	4985.0	5049.0	Go Sort Below S1

BANK Nifty Future Levels for 03/10/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
BANK NIFTY Futures	9145.0	9255.0	9428.0	9635.0	9795.0	Go Sort Below S1

Bank Nifty & Nifty Future Levels for 30Sep2011

Resistance @ 5110

The Nifty has closed in the positive 29 Sep 2011,after a sharp reversal and is now expected to edge higher till 5110 in the near term. A key support for the Nifty in the short term is around 4910 while resistance would be faced at 5083.


On the daily chart the Nifty is trading around its 20 day moving average (DMA) and below its 40 DMA ie
5021 and 5084 respectively.

Nifty Future Levels for 30/9/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
NIFTY Futures	4985.0	4980.0	5036.0	5085.0	5119.0	Go Long Above R1

BANK Nifty Future Levels for 30/9/2011

Scrip Name	Support Levels		Close CMP (Rs)	Resistance Levels		Action
	S2	S1		R1	R2
BANK NIFTY Futures	9405.0	9525.0	9670.0	9877.0	9995.0	Go Long Above R1