Wednesday, December 1, 2010

Nifty Trading Strategy For Tomorrow 2 December 2010

Nifty Future as expected saw a good recovery and closed near to its resistance level , we can expected some more up move above 6000 psychological level. If it manages to sustain above 6000 level we can see next level of 6070 level in short term . One should be long in nifty future till it stays above 5900 levels . Resistance for nifty future is at level of 6027/ 6060 and support is at 5925 /5865.
Resistance: It has first resistance close to the level of 6027 & after it may face the next resistance close to the level of 6060.
  
Support: It has first support close to the level of 5925 & after it may get the next support close to the level of 5865.

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Precious said...
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