Daily Levels and market predictions : 3 june 11

Nifty Spot Levels  :3 june  11

Today market closed down  -41.65  points or   (-0.74%) and finally settled at  5,550.35  and  sensex closed down   -114.63 points or (-0.62%) and finally settled at 18,494.18 

After  gain seen in previous two session Indian equity benchmarks retreated today reacting to weak global cues and 2G case news., Nifty closed and settled finally at 5,550.35  down  by  -41.65  points.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5500-5595 and if it breaks the level 5500 then it would be go down and next support would be 5460 and if it breaks the level 5595 then would go higher and next resistance would be 5640 i.e nifty would vary between broad range of 5460-5640

Bank Nifty Futures Levels  : 3 june  11

Bank  Nifty Index Lost 10843. In upcoming trading session, Bank nifty futures is possible to vary between narrow range of 10750-10930 and if it breaks the level 10750  then it would go down upto next support 10615. If bank nifty futures does not sustain at 10930 then it would go high upto next resistance 11045 that is bank nifty future would vary between broad range of 10615 -11045

Resource : http://capitalstars.blogspot.com/