Bank Nifty Trend For Monday- technical Analysis

Bank Nifty had sharp fall in last trading session and If it breaks the level of 11040,  we can see more correction in it. One Should take position after proper break out in either side. Support for bank nifty is at 11041 /10920 and Resistance is at 11350/11445 levels.

RESISTANCE: It has first resistance close to the level of 11350 & above this level the next resistance is seen near the 11445 mark.

SUPPORT: It has first support close to the level of 11041 & below this level the next support is seen near 10920 marks.

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Ban Nifty Futures- Trend For Monday 6 December 2010

In Bank Nifty Future  We can see some profit booking in last trading trading session but over all trend is bullish and if it manages to sustain above 12650 level furtehr  up moves can be seen from here. One should go for long position in bank nifty. Support for bank nifty is at 12250/12100 and resistance for bank nifty 12590/12670 levels.

Resistance- It has first resistance close to the level of 12590 & after it may face the next resistance close to the level of 12670.
 

Support- It has first support close to the level of 12250 & after it may get the next support close to the level of 12100.

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Bank Nifty Future- Trend For Tomorrow

 Bank nifty future is volatile in last trading session . We can expect slightly up move from 12520 levels. Bank nifty future manages 12520 levels we can see some more up move from here. Resistance for bank nifty 12520/12660 and support is at 12225/12005.

  Resistance Levels- it has first resistance close to the level of 12673 & after it may face the next resistance close to the level of 13021.

  Support: It has first support close to the level of 12097 & after it may get the next support close to the level of 11008.

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