Tuesday, December 14, 2010

Bank Nifty Futures For Wednesday

Bank nifty future move under consolidation phase form last few trading session and manages 11700 resistance level. if it sustain above it we can see more up move from here . One should go for long position above 11700 level . Resistance for bank nifty future is at 11700/11860 and support is at 11295/11045 levels.

RESISTANCE: It has first resistance close to the level of 11700 & after it may face the next resistance close to the level of 11860.

SUPPORT: It has first support close to the level of 11295& after it may get the next support close to the level of 11045.

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Posted By Commodity MCX Tips