Thursday, September 16, 2010

Bank Nifty Position For Friday (17 Sept '10)

Bank nifty future made strong up moves today and in the end made a closing in the green zone. The next technical resistance for bank nifty future seems close in the zone of 12250 to 12270. Decisive closing above this resistance zone may take it up till the level of 12500 in near run. In the downside the immediate support for bank nifty seems close to the level of 11860. Decisive closing below this support may make it slip till the levels of 11730 to 11735 in near run.


Posted By Commodity MCX Tips