Tuesday, January 4, 2011

Nifty Future Position for 5th January 2010


Nifty future was volatile in last trading session and moved between tight range of 6200-6130. If it breaks 6100 level we can see some more correction in it. In upward if it manages 6200 level we can see up move till 6300 levels. Resistance for Nifty future is at 6241/6331 and support is at 6131/6068 levels.

RESISTANCE: It has first resistance close to the level of 6241 & above this level the next resistance is seen near the 6331 mark.

SUPPORT: It has first support close to the level of 6131& below this level the next support is seen near 6068 mark.

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Posted By Commodity MCX Tips