NSE-NIFTY Futures Weekly View for April' 8-12''2013

NIFTY Futures April 

NIFTY March Futures Closed at 5572.05.NIFTY Futures weekly chart looks weak,it closed below strong support at 5580 levels.But Daily chart looks positive for Buying Trend once it opens above 5580.If NIFTY Opens above 5580 & Fundamentals are favor to the market,Prices may go up to 5774 levels.

NIFTY Futures April likely to trade in the range of 577-5524 levels this week.

NIFTY Weekly Technical Levels for April'8-12'2013

NIFTY Upper side breakout point               :5656(Buy Comes above this point)

NIFTY  Technical Resistance Levels           :5690,5736,5774

NIFTY Down side breakout point                :5530(Sell Comes below this point)

NIFTY Technical Support Levels                  :5494,5456,5412

NIFTY Technical  Trading Range                 :5774-5412

NIFTY Weekly Pivot Levels

NIFTY Weekly Pivot  Point                            :5619

NIFTY Weekly Pivot Resistance Levels          :5686,5799,5913

NIFTY Weekly Pivot Support Levels               :5505,5438,5324

NIFTY Weekly Fibonacci Trading Range April'8-12' Projection  :5782-5503

NIFTY Weekly(April'1-5''2013) BHAV Copy  Data for Reference

Index Open High Low Close NIFTY April 5716.35 5733.35 5552.8 5572.05

BANK NIFTY April 

BANK NIFTY Closed at 11142.40.BANK NIFTY Futures weekly chart looks weak, But Daily chart looks positive for Buying Trend once it opens above 11160.BANK NIFTY likely to trade 11568-10818 this week.

BANK NIFTY Weekly Technical Levels for April'8-12'2013

BANK NIFTY Upper side breakout point               :11240(Buy Comes above this point)

BANK NIFTY  Technical Resistance Levels           :11328,11416,11568

BANK NIFTY Down side breakout point                :11120(Sell Comes below this point)

BANK NIFTY Technical Support Levels                  :11028,10928,10818

BANK NIFTY Technical  Trading Range                 :11568-10818

BANK NIFTY Weekly Pivot Levels

BANK NIFTY Weekly Pivot  Point                            :11281

BANK NIFTY Weekly Pivot Resistance Levels          :11497,11851,12206

BANK NIFTY Weekly Pivot Support Levels               :10926,10711,10356

BANK NIFTY Weekly Fibonacci Trading Range April'8-12' Projection  :11791-10910

NSE BANK NIFTY Weekly(April'1-5''2013) BHAV Copy  Data for Reference

Index	Open	High	Low	Close
BANK NIFTY April	11484.9	11636.25	11066	11142.40