Nifty future saw healthy recovery after a long consolidation phase and closed on near to its major resistance level, but still moving under 10 days and 50 days moving average. Nifty future manages to sustain above 6050 levels, it may take more up move from there till 6100-6150. One should take long position in it after proper break out.
RESISTANCE: It has first resistance close to the level of 6094 & above this level the next resistance is seen near the 6135 mark.
SUPPORT: It has first support close to the level of 5977 & below this level the next support is seen near 5900 mark.
Bank nifty future saw smart pull back in last trading session but still manages its long consolidation phase. One should take position after proper break out on either side. 11735 is major resistance level if it manages to sustain above this level it can take more up move from there.
RESISTANCE: It has first resistance close to the level of 11735 & above this mark the next resistance is seen close to the level of 11850.
SUPPORT: It has immediate support at 11345 marks & below this level the next support is seen close to the level of 11180.
1 comments:
May I know, What are the stock recommendations for 27th Dec?
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