Market Tomorrow : Bank Nifty Tips 20 December

Indian Share Market Closing Today (19th Dec) :

The BSE Sensex closed at 19,458.50, up 93.75 points over the previous close. The NSE Nifty closed at 5,929.60, up 32.80 points over the previous close. Auto, IT and Metal remained best performing sectors.

Nifty Futures Trend For Tomorrow 20 December :-

For tomorrow,nifty future trend and momentum both bullish and above 5920 support level traders must maintain long positions for same targets of 5965 to 6000.if slips below 5920 and hold there then nifty gain enter in range bound to consolidation phase.shorts suggested below 5850 on confirmation basis.

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Nifty Futures Trend for Tuesday 28 September '10

 Nifty futures continued the upward rally today as well and registered the presence close to the level of 6100 but could not be able to sustain at upper levels and in the end made some profit booking but still sustaining above 6000. The next technical resistance for nifty futures seems close to the levels of 6100 to 6105. Decisive closing above this resistance zone may lead nifty future towards the levels of 6175 to 6200 in near run. In the downside the immediate support for nifty future seems close to the levels of 6010 to 6015. Decisive closing below this support zone may take nifty futures towards the levels of 5950 to 5955 in near term. For intra day trading we recommend long position in nifty future above 6105 for the target of 6175 with the intra day stop loss around 6080. 

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