Friday, January 21, 2011

Intraday Lveles for Bank Nifty (Monday 24th Januray 2011)


  Bank Nifty was volatile in last trading session but closed in a positive note. One should still wait for break out in either side. If Bank Nifty Manages to sustain 11184 level It can take up move from there. Resistance for Bank Nifty is at 10956/11185 and Support is at 10775/10500 levels.

RESISTANCE: It has first resistance close to the level of10955 & above this level the next resistance is seen near the 11185 mark.

SUPPORT: It has first support close to the level of 10775 & below this level the next support is seen near 10500 marks.

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Posted By Commodity MCX Tips