Tuesday, September 20, 2011

Trading Call : Nifty Future Levels for 20-Sep-201

In the short term the Nifty is expected to be range-bound between 4900 and 5150.


The Nifty is trading above the 20-hourly moving average (HMA) and 40-HMA, ie 5076 and 5049 respectively,


Nifty Future Levels for 20/9/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
NIFTY Futures
4960
5005.0
5040.0
5105.0
5164.0
Go Long Above R1

BANK Nifty Future Levels for 20/9/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
BANK NIFTY Futures
9305.0
9425.0
9577.0
9680.0
9855.0
Go Long Above R1
     

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