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Monday, September 20, 2010

Nifty Support and Resistance Levels for 21st Sep.

Nifty future today touched the level of 6000 and is holding the up trend. Technically we might see some more up moves in the nifty future and the next technical resistance for nifty future seems close to the resistance zone of 6050 to 6060. Decisive closing above this resistance zone may take nifty future till the levels of 6120 to 6125 in near run. In the downside nifty future may get the immediate support close to the level of 5935. Closing below this support may make it slip till the levels of 5890 to 5895 in near run. 




For intra day we recommend buy on dips in nifty future until it close below 5935 for the target of 6050 in near run.



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