Thursday, December 9, 2010

Bank Nifty Futures- Trading Tips (10th December)

Bank Nifty Future broke its major support level of 11440 and closed near to its psychological level of 11100 . If bank nifty future manages to sustain below 11000 level we can see some more correction in it . One should adopt strategy of selling at higher level . Support for bank nifty is at 11075/10930 and resistance is at 11470/11615 levels .

Resistance levels- It has first resistance close to the level of 11470 & after it may face the next resistance close to the level of 11615.

Support Levels : It has first support close to the level of 11075 & after it may get the next support close to the level of 10930.

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Posted By Commodity MCX Tips