NIFTY SPOT LEVELS FOR 10TH JUNE 2013

TODAY		OPEN	HIGH	LOW	CLOSE
07-06-13		5900.05	5972.70	5871.30	5883.00
DATE		HDWM	5HEMA	5LEMA	5CEMA	B/BD	S/SR
07-06-13		HA	6000	5899	5937	X	S
JUN'13		M	6049	5753	5874	BD	BPL
07-06-13		W	6079	5896	5956	X	SS
07-06-13		D	5986	5900	5928	X	SS

Nifty continues to drag down with occasional rises during the day, but not at EOD.

Considering above levels, until it gives Close above 5928/5956, up-trend may not resume.

Support seems near 5875 level, where it has made Lows in last 3 days. 

Breaching it, NS may head towards 5750. 

BANK NIFTY SPOT LEVELS FOR 10TH JUNE 2013

DATE	HDWM	5HEMA	5LEMA	5CEMA	B/BD	S/SR	CLOSE
07-06-13	HA	12562	12274	12383	BD	BPL	12332
JUN'13	M	12703	11730	12170	BD	BPL
07-06-13	W	12846	12292	12495	X	SS	12453
07-06-13	D	12520	12274	12359	X	SS

Bank Nifty has good base around 12200, as of now. But Trend has been down so far.

To resume up-trend, it needs to Close above 12359, which is 5-days' Close EMA.

For stronger up-move, it needs to cross 12495.

However, one may consider Support of 12170, which is 5 Months's Close EMA.

Also, PAUSE of down-trend may be considered if manages to close above 

12274/12292, which are 5-daily/weekly Low-EMA. 

On down side, if breaches 12170, may head for more downfall till 11750.