Friday, December 23, 2011

NIFTYVIEW DEC23

HI


Today, while updating this SGX nifty is trading at 4772.
Today’s trading levels for Nifty Future:
Resistance: 4766-4778-4837-4850
Support: 4713-4699-4648-4640
Now today, 4766-4778 is a first resistance zone. On crossover above it with volumes and sustaining above it for 10-15 mins will take NF to 4837-4850.
Below yesterday’s close of 4748.40, NF will go up to 4713-4699. To resume this trend up NF should hold these levels. Break below 4699 with volumes and sustaining below it for 10-15 mins will lead to panic selling.
REGARDS
ANALYSENIFTY TEAM

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