Monday, November 29, 2010

Bank Nifty Futures- Levels For Tomorrow

Bank nifty future traded in a range of 11950-11750 after sharp fall in last week  and closed near the day high . One should take position after proper break out on either side. Resistance for bank nifty future is at 11950 /12100 and support is at 11670/11500. 

Resistance- It has first resistance close to the level of 11950 and  after it may face the next resistance close to the level of 12100.

Support: It has first support close to the level of 11670 and after it may get the next support close to the level of 11500.

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Posted By Commodity MCX Tips