Monday, October 10, 2011

Bank & Nifty Future Levels for 11Oct2011


The Nifty has bounced today. However it is expected to take resistance around 5010 and resume with the
downtrend till 4750 in the short term. A key support in the immediate run will be around 4860 while resistance
will be faced at 5010.

On the daily chart the Nifty is trading around its 20 day moving average (DMA) and 40 DMA ie 4955 and
5036 respectively.

Nifty Future Levels for 11/10/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
NIFTY Futures
4995.0
4940.0
4999.0
5055.0
5109.0
Go Sort Above S1

BANK Nifty Future Levels for 11/10/2011
Scrip Name
Support Levels
Close
CMP (Rs)
Resistance Levels
Action
S2
S1
R1
R2
BANK NIFTY Futures
8905.0
9075.0
9211.0
9337.0
9635.0
Go Sort Above S1


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