Friday, December 3, 2010

Ban Nifty Futures- Trend For Monday 6 December 2010

In Bank Nifty Future  We can see some profit booking in last trading trading session but over all trend is bullish and if it manages to sustain above 12650 level furtehr  up moves can be seen from here. One should go for long position in bank nifty. Support for bank nifty is at 12250/12100 and resistance for bank nifty 12590/12670 levels.

Resistance- It has first resistance close to the level of 12590 & after it may face the next resistance close to the level of 12670.
 
Support- It has first support close to the level of 12250 & after it may get the next support close to the level of 12100.

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Posted By Commodity MCX Tips