Tuesday, December 28, 2010

Bank kNifty Futures For Wednesday

Bank nifty future moved in tight range from few trading session. If bank nifty future breaks 11400 levels we can see some correction in it till 11200 levels. One could adopt strategy of selling at higher level. Support for bank nifty is at 11400/11250 and resistance is at 11570/11735.

  RESISTANCE- It has first resistance close to the level of 11570 & above this mark the next resistance is seen close to the level of 11735
  SUPPORT- It has immediate support at 11400 marks & below this level the next support is seen close to the level of 11250.

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Posted By Commodity MCX Tips