Monday, September 26, 2011

Trading Call : Nifty Future Levels for 26Sep2011


Resistance @ 5000
The Nifty has again closed in the negative last day and is now expected to continue with the downtrend in the short term till around the 4760 level.
On the daily chart the Nifty is trading below its 20 day moving  average  (DMA)  and  the 40 DMA  ie 5016 and 5110 respectively.

Nifty Future Levels for 26/9/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
NIFTY Futures
4720.0
4825.0
4865.0
4935.0
4990.0
Go Sort Above R1

BANK Nifty Future Levels for 26/9/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
BANK NIFTY Futures
9005.0
9205.0
9370.0
9647.0
9795.0
Go Sort Above R1
 

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