Global Crashed
The Nifty crashed
last day and is now expected to continue with the downtrend for the coming two
to three days till the level of 4860. A key support in the short term is around
4860 while crucial resistance stands at 5100.
The Nifty ended last day in the
negative with a loss of 210 points while the Sensex crashed down losing 704
points.
On the daily chart the
Nifty crashed down and took resistance around the 40 day moving average (DMA)
ie 5140.
Nifty Future Levels for 22/9/2011
|
Scrip Name
|
Support Levels
|
Close
CMP (Rs)
|
Resistance Levels
|
Action
|
||
|
S2
|
S1
|
R1
|
R2
|
|||
|
NIFTY Futures
|
4720.0
|
4805.0
|
4908.0
|
4965.0
|
5100.0
|
Go Sort Above R1
|
BANK Nifty Future Levels for
22/9/2011
|
Scrip Name
|
Support Levels
|
Close
CMP (Rs)
|
Resistance Levels
|
Action
|
||
|
S2
|
S1
|
R1
|
R2
|
|||
|
BANK NIFTY Futures
|
9205.0
|
9365.0
|
9500.0
|
9647.0
|
9695.0
|
Go Sort Above R1
|
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