Wednesday, October 5, 2011

Bank & Nifty Future Levels for 05Oct2011


The Nifty has closed on a negative note last day and is now expected to slip down till 4640 in the short term. A key  support in the immediate term is at 4720 while resistance will be faced at 4870.

On the daily chart the Nifty is trading below its 20 DMA and 40 DMA ie 4991 and 5050 respectively.

Nifty Future Levels for 05/10/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
NIFTY Futures
4665.0
4740.0
4778.0
4835.0
4889.0
Go Sort Above R1

BANK Nifty Future Levels for 05/10/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
BANK NIFTY Futures
8505.0
8675.0
8884.0
9037.0
9215.0
Go Sort Above R1


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