Thursday, December 16, 2010

Nifty Futures For 20th December 2010

Nifty future closed near to its resistance level of 6000 , after volatile session . Nifty future manages to sustain above 6025 level we can see some more up move from here . One should take position after proper break out . Resistance for nifty future is at 6025/6093 and support is at 5880/5800 levels.

RESISTANCE: It has first resistance close to the level of 6025& after it may face the next resistance close to the level of 6093.

SUPPORT: It has first support close to the level of 5880 & after it may get the next support close to the level of 5800.




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Posted By Commodity MCX Tips