Bank nifty future is in the upside consolidation phase and witnessed some profit booking on upper levels. Now the next intra day technical resistance for bank nifty future seems close to the level of 12170. Decisive closing below this support may make it slip till the levels of 12080 to 12085 in near term. how ever it may face the intra day resistance close to the levels of 12340 to 12345. decisive closing above this resistance zone may guide it towards the level of 12400 in near run.
Wednesday, September 29, 2010
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