Friday, November 19, 2010

Bank Nifty Levels For Monday- 22 November 2010

Bank Nifty Future faced a sharp fall below 12235 levels and closed at 12105 levels. Bank nifty  will face resistance at 12250 and 12450 levels. We recommend selling on higher levels till it closes below 12450 levels . Support for bank nifty future is at 12000 /11500 levels and has resistance at 12250/12450 levels.

Resistance Levels- It has first resistance close to the level of 12965 & after it may face the next resistance close to the level of 13850

Support: it has first support close to the level of 11613 & after it may get the next support close to the level of 11140

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Posted By Commodity MCX Tips