Daily Levels and Market Prediction : 7 june 11

Nifty Spot Levels  : 7 june  11

Today market closed up +15.30 points or   (0.28%) and finally settled at  5,532.05  and  sensex closed up  +43.63 points or (0.24%) and finally settled at

18,420.11  

 In upcoming trading session there is higher possibility that nifty spot manages between narrow range of  5490-5575 and if it breaks the level 5490 then it would be go down and next support would be 5440 and if it breaks the level 5575 then would go higher and next resistance would be 5610 i.e nifty would vary between broad range of 5440-5610  

Bank Nifty Futures Levels  : 7 june  11

Bank  Nifty Index Lost 10839 . In upcoming trading session, Bank nifty futures is possible to vary between narrow range of  10650-10940  and if it breaks the level 10650  then it would go down upto next support 10520. If bank nifty futures does not sustain at 10940 then it would go high upto next resistance 11050 that is bank nifty future would vary between broad range of 10520 -11050