Wednesday, July 11, 2012

NIFTY VIEW JUNE 11

HI
Today’s trading levels for Nifty Future:
Resistance: 5366-5380-5402-5417
Support: 5330-5314-5304-5288-5243-5229-5201          
Today, 5366 is immediate resistance for NF. On crossover above it will take NF to 5380 level which is another resistance. If NF manages to cross and sustain above 5380 then it will go up to 5402-5417 levels.
On lower side, 5330 is a strong support for NF. On break below it will take NF to 5314-5304. In a strong control of bulls NF will not break 5304 level. Below 5304, 5288 is last hope for NF.

Regards,
ANALYSENIFTY TEAM 

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