Resistance @ 5040
The Nifty has closed in the negative after a sharp bounce on 28 Sep 2011; it is now expected to slip down till 4700 in the short term. The key support in the short term is around 4900 while a resistance stands at 5007.
On the daily chart the Nifty is trading below its 20 DMA and the 40 DMA ie 5020 and 5080 respectively.
The Nifty has closed in the negative after a sharp bounce on 28 Sep 2011; it is now expected to slip down till 4700 in the short term. The key support in the short term is around 4900 while a resistance stands at 5007.
On the daily chart the Nifty is trading below its 20 DMA and the 40 DMA ie 5020 and 5080 respectively.
Nifty Future Levels for 29/9/2011
Scrip Name
|
Support Levels
|
Close
CMP (Rs)
|
Resistance Levels
|
Action
| ||
S2
|
S1
|
R1
|
R2
| |||
NIFTY Futures
|
4815.0
|
4880.0
|
4942.0
|
4975.0
|
5035.0
|
Go Sort Below S1
|
BANK Nifty Future Levels for 29/9/2011
Scrip Name
|
Support Levels
|
Close
CMP (Rs)
|
Resistance Levels
|
Action
| ||
S2
|
S1
|
R1
|
R2
| |||
BANK NIFTY Futures
|
9265.0
|
9355.0
|
9520.0
|
9667.0
|
9715.0
|
Go Sort Below S1
|
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