Must be Above 5010
The Nifty ended in the positive with a gain of 72 points while the Sensex added 242 points over yesterday’s closing.
On the daily chart the Nifty is trading below its 20 DMA and 40 DMA ie 4975 and 5146 respectively.
The Nifty ended in the positive with a gain of 72 points while the Sensex added 242 points over yesterday’s closing.
On the daily chart the Nifty is trading below its 20 DMA and 40 DMA ie 4975 and 5146 respectively.
As and when the Nifty sustains itself above this average, it should rally for our medium term target.
Nifty Future Levels for 15/9/2011
Scrip Name
|
Support Levels
|
Close
CMP (Rs)
|
Resistance Levels
|
Action
| ||
S2
|
S1
|
R1
|
R2
| |||
NIFTY Futures
|
4920.0
|
4975.0
|
5029.0
|
5075.0
|
5140.0
|
Go Long Above R1
|
BANK Nifty Future Levels for 15/9/2011
Scrip Name
|
Support Levels
|
Close
CMP (Rs)
|
Resistance Levels
|
Action
| ||
S2
|
S1
|
R1
|
R2
| |||
BANK NIFTY Futures
|
9305.0
|
9405.0
|
9495.0
|
9647.0
|
9755.0
|
Go Long Above R1
|
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