Thursday, September 29, 2011

Bank Nifty & Nifty Future Levels for 29Sep2011

 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.


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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