Tuesday, December 7, 2010

Bank Nifty Trading strategy For 8th December 2010

Bank Nifty saw a sharp fall last two trading session . If it break 11440 level we can see some more correction in it, support for bank nifty future is at 11668/11440 and resistance is at 11955/12100.one should take position after proper break out in both the side.

Resistance- It has first resistance close to the level of 11995 & after it may face the next resistance close to the level of 12100.

Support: It has first support close to the level of 11668 & after it may get the next support close to the level of 11440.


0 comments:

 
Posted By Commodity MCX Tips