NSE-NIFTY Index Weekly View for 11 Feb 2013

NIFTY

NIFTY Closed at 5903.5.NIFTY Settled below the support of 5951 levels.As per daily &weekly charts look weak.As per Technical levels NIFTY likely to trade 6050-5752 this week.Feb'11-Feb'12 most of Asian Markets will be closed for Chinese New Year.

NIFTY Weekly Technical Levels

NIFTY Weekly Technical Support Levels       :5884,5847,5824,5752

NIFTY Weekly Technical Resistance Levels   :5951,5992,6016,6050

NIFTY Technical    Trading Range                 :6050-5752

NIFTY Weekly Pivot Levels

NIFTY Weekly Pivot  Point                            :5941.80

NIFTY Weekly Pivot Support Levels               :5845,5787,5690

NIFTY Weekly Pivot Resistance Levels          :6000,6096,6154

NIFTY Weekly(Feb-4-8'2013) BHAV Copy  Data for Reference

Index Open High Low Close NIFTY 6025.2 6038.5 5883.65 5903.5

BANK NIFTY

BANK NIFTY Closed at 12280.15.BANK NIFTY Settled below the support of 12315 levels.As per daily &weekly charts look weak.As per Technical levels BANK NIFTY likely to trade 12787-11792 this week.

BANK NIFTY Weekly Technical Levels

NIFTY Weekly Technical Support Levels       :12240,12103,11894,11792

NIFTY Weekly Technical Resistance Levels   :12330,12556,12617,12787

NIFTY Technical    Trading Range                 :12787-11792

BANK NIFTY Weekly Pivot Levels

BANK NIFTY Weekly Pivot  Point                            :12416.40

BANK NIFTY Weekly Pivot Support Levels               :12109,11939,11632

BANK NIFTY Weekly Pivot Resistance Levels          :12586,12898,13064

NSE BANK NIFTY Weekly(Feb-4-8'2013) BHAV Copy  Data for Reference

Index	Open	High	Low	Close
BANK NIFTY	12656.9	12723.3	12246	12280.2