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Monday, November 29, 2010

Nifty Future Tips for Tuesday 30, Nov, 2010

Nifty future showed a small pull back after sharp fall last week and closed above 5800 levels. If nifty future trades above 5900 level we can see some more  upside  in it. Resistance for nifty future is at 5910/6030 and support is at 5790/5725 .
        
Resistance: it has first resistance close to the level of 5910 & after it may face the next resistance close to the level of 6030.
Support: it has first support close to the level of 5790 & after it may get the next support close to the level of 5725.
     

Bank nifty future traded in a range of 11950-11750 after sharp fall in last week and closed near the day  high . one should take position after proper break out on either  side. resistance for bank nifty future is at  11950 /12100 and support is at  11670/11500.
           
Resistance levels: It has first resistance close to the level of 11950 & after it may face the next resistance close to the level of 12100.

Support levels: it has first support close to the level of 11670 & after it may get the next support close to the level of 11500.

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