NIFTY LEVELS AND MARKET PREDICTION : 13 JULY 11

Nifty Spot Level
                                                                                                        

The Index opened   at  5,556.90 and finally closed at 5,526.15  

rallying  -89.95 points (-1.60%)

The Intraday high and low of the day were 5,580.25 and 5,496.95 respectively.

The Nifty Futures also made an down  rally of -89.95 or (-1.60%) and finally settled at 5,526.15 . The 30-share BSE Sensex was trading at 18,411.62 down -309.77 points.

Market was down due to the weak global marketus market went down badly on Monday and European market is also trading in red as investors again started to worry about the worsening debt crisis.

Market is expected to follw the downtrend untill any supporting events happening in the market. but in long run market is bullish. Market is weak due to the weak global marketif it strongly trades between  5480 -  5555 in  narrow perspective and in broad perspective it seems to be vary between 5410- 5600

SUPPORT AND RESISTANCE:

The Support and Resistance Zone for Nifty Spot levels would be 

5480 ( support 1)          5410 (Support 2 ) 

5555 (Resistance 1        5600 (Resistance 2 )

BANK NIFTY FUTURES : 13 JULY 11

Bank Nifty Futures

Bank Nifty Futures finally settled 11039 down by 101. 

In upcoming trading session market is expected to be down trend if it strongly trades between  10900 – 11125, is looking bullish in  narrow perspective and in broad perspective it seems to be vary between  10805-11270

SUPPORT AND RESISTANCE:

The Support  and Resistance Zone for Bank Nifty Futures would be 

10900 (support 1)            10805  (Support 2 ) 

11125  (Resistance 1)      11270 (Resistance 2 )

NIFTY LEVELS AND MARKET PREDICTION : 12 JULY 11

Nifty Spot Level
                                                                                                                

The Index opened   at  5,648.05 and finally closed at 5,616.10 rallying

-44.55 points (-0.79%) . The Intraday high and low of the day were 5,652.90 and 5,601.70 respectively. The Indian stock markets sold off on Monday, extending the previous session's selloff, as investors decided to stay on the sidelines ahead of the release of the latest IIP data and Infosys results.

The Nifty Futures also made an down  rally of -44.55 or (-0.79%) and finally settled at 5,616.10 The 30-share BSE Sensex was trading at 18,721 down 137 points

In upcoming trading session market is expected to be down trend if it strongly trades between  5595 -  5655  in  narrow perspective and in broad perspective it seems to be vary between 5555- 5695

SUPPORT AND RESISTANCE:

The Support and Resistance Zone for Nifty Spot levels would be 

5595 ( support 1)          5555 (Support 2 ) 

5655  (Resistance 1)   5695 (Resistance 2 )

BANK NIFTY FUTURES : 12 JULY 11

Bank Nifty Futures

Bank Nifty Futures finally settled 11146 down by 177.

 In upcoming trading session market is expected to be down trend if it strongly trades between  11040 – 11290  is looking bearish in  narrow perspective and in broad perspective it seems to be vary between  10900 -  11440

SUPPORT AND RESISTANCE:

The Support  and Resistance Zone for Bank Nifty Futures would be 

11040  (support 1)            10900  (Support 2 )

11290  (Resistance 1)      11440 (Resistance 2 )

NIFTY SPOT LEVEL AND MARKET PREDICTIONS : 11 JULY 11

  Nifty Spot Level

The Index opened up  at  5,734.65 and finally closed at 5,660.65 rallying -68.30 points (-1.19%) .The Intraday high and low of the day were 5,740.40 and 5,651.05 respectively. This is uptrend going onso market is expected to follow the uptrend.Market is expected to fell down because of market fundamentals and profit booking.

The Nifty Futures also made an down  rally of -68.30 points or (-1.19%) and finally settled at 5,660.65. The 30-share BSE Sensex was trading at 18,858.04 down -220.26 points

In upcoming trading session market is expected to be uptrend if it strongly trades between  5630 -  5730  in  narrow perspective and in broad perspective it seems to be vary between 5595- 5765

SUPPORT AND RESISTANCE:

The Support and Resistance Zone for Nifty Spot levels would be 

5630 ( support 1)          5595 (Support 2 )

5730  (Resistance 1)     5765 (Resistance 2 )