Friday, September 17, 2010

Bank Nifty Future: Levels For Monday (20 September '10)

  Bank nifty future witnessed profit booking on upper levels but was still able to hold above the level of 12000. The next resistance zone for bank nifty future seems close to the levels of 12245 to 12250. Decisive closing above this resistance zone may take it up till the levels of 12500, 12700 in near run. In the downside it may get the immediate short term support close to the level of 11990. Closing below this support may slip it till the lower levels of 11860, 11735 in near run.

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Posted By Commodity MCX Tips