Thursday, December 9, 2010

Nifty Tips: Trading Strategy For Friday 10th December 2010

Nifty Future saw a sharp fall in last trading session and break its psychological support level , closed near to its support level . One should adopt strategy of sell at higher level until it break 6100 level . If Nifty future manages to sustain below 5700 level we can see some more correction in it . Support for nifty future is at 5730/5670 and resistance is at 5865/5900levels .


Resistance Levels- It has first resistance close to the level of 5865 & after it may face the next resistance close to the level of 5900.

Support Levels- it has first support close to the level of 5730 & after it may get the next support close to the level of 5670.

0 comments:

 
Posted By Commodity MCX Tips