Thursday, November 25, 2010

Bank Nifty Futures- Support and Resistance for 26th November


 Bank Nifty Future saw a sharp down fall, on settlement day for November. Bank nifty closed near to its support level of 12600. Bank nifty faces support at 11440/11246 and resistance at 11740/11950, one has to wait for crossing of levels on either side before taking any position in it.

  Resistance:  It has first resistance close to the level of 11964 & after it may face the next resistance close to the level of 12275.
  Support: It has first support close to the level of 11475 & after it may get the next support close to the level of 11300. 

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Posted By Commodity MCX Tips