Thursday, February 3, 2011

Bank Nifty Position for Friday 4th Feb 2011

Bank Nifty futures gained 204.45 points or 1.95 % from the last few trading it is moving in a particular price range of 10760-10440. If it sustain below 10440 levels it would be in a bearish trend else above 10760 it would be in a bullish trend.
RESISTANCE: It has first resistance close to the level of 10760 & above this level the next resistance is seen near the 10900 mark.
SUPPORT: It has first support close to the level of 10440 & below this level the next support is seen near 10272 marks.

Intraday Trading Tips- Buy Bank Nifty Futures above 10760 TG-10860-10910 SL Below- 10690.


Posted By Commodity MCX Tips