Nothing much happened Nifty futures hovered between the small ranges till late afternoon signaling a NO trade zone for the entire day. However I had mentioned immediate support at 5251- 5263 do not seem to break easily. It made a low above the support channels and recovered above 5300 mark.
Bank nifty Future had mentioned immediate support at 9826 and the resistance is at 9954. It opened around 9900 made a low of 9843 near the supports and rushed to 9954. Clearly mentioned cross over above 9954 will show real buying. Verify Bank Nifty future got arrested near the resistance of 9954 making a high of 9950 for the day, just a few points below the resistance.
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