[MARKETCALLS] Free Banknifty Future Tips 12-07-12 From : www.marketcalls.net

[RUPESH YATESH DALAL]

MARKETCALLS‘  VIEW ON BANKNIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!

Yesterday we saw banknifty opened in gap down and remained very choppy in narrow range. First Q1 result season is started, so market will highly volatile and may show stock specific movements. 

Today Banknifty is having support at 10641-10500 and resistance at 10800on closing basis. If banknifty is closing below 10500 for two days then banknifty may break 10000 level in coming days.

• STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.

BANKNIFTY DAILY CHART

INTRADAY BANKNIFTY SUPPORT 10641 AND RESISTANCE 10800

BANKNIFTY FUTURE(10733) 
Buy above 10810 Target 10861-10901-10970 SL 10761
Sell below 10650 Target 10602-10555-10505  SL 10699

-Always Remember, put SL in your every trade.
-Read Disclaimer before following us.

Rupesh Yatesh Dalal
Head Research Department

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Posted By RUPESH YATESH DALAL to MARKETCALLS at 7/12/2012 08:34:00 AM