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Monday, November 15, 2010

Technical View on NSE Nifty-50 for Tomorrow 16th Nov.

Technical View on Nifty Future and Recommendation for Tomorrow

Nifty future as expected was holding above the 6050 levels and closed near the days high near 6140 levels. Nifty future will face resistance at 6180 and 6240 levels. We recommend buying at lower levels till it hold above 6050 levels support for nifty future is at 6050/5980 levels and has resistance at 6180/6240 levels.
 
Technical View on Bank nifty Futures for Tomorrow 16th Nov.

Bank nifty future as expected was holding above the 12500 levels and closed near the days high near 12790 levels. Bank nifty future will face resistance at 12920 and 13050 levels. We recommend buying at lower levels till it hold above 12500 levels. Support for bank nifty future is at 12650/12500 levels and has resistance at 12920/13050 levels.

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