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Nifty Future For Monday

Nifty future had a sharp fall in last trading session and closed below its psychological level. In coming week we can see smart pull back in it. One should take position in it after proper break out. Support for nifty future is at 5863/5750 and resistance is at 5980/6030. If sustains above 5902 then it will try to move towards 5966 where again selling pressure will emerge. But only sustaining above 5987 will give fresh up move twards 6033-6062. Immediate support now comes at 5880. If broken 5880 we will see more down side level towards 5865. Only broken and sustaining below 5865 may drag down the market towards 5796.

RESISTANCE: It has first resistance close to the level of 5980 & above this level the next resistance is seen near the 6030 mark.
SUPPORT: It has first support close to the level of 5863 & below this level the next support is seen near 5750 mark.

Bank Nifty Monday

RESISTANCE: It has first resistance close to the level of 11350& above this level the next resistance is seen near the 11445 mark.
SUPPORT: It has first support close to the level of 11041 & below this level the next support is seen near 10920 marks.

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