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Monday, December 6, 2010

Nifty Futures Levels for Tomorrow (Tuesday 07th December)

Nifty future saw a positive opening but was not able to sustain at higher levels. If it break 5972 level we can see some more correction in it, one should adopt a strategy for selling on higher levels until it break 6150 levels, support for nifty future is at 5972/5920 and resistance is at 6057/6135.

Resistance levels: It has first resistance close to the level of 6060 & after it may face the next resistance close to the level of 6135.

Support levels: It has first support close to the level of 5972 & after it may get the next support close to the level of 5920.





Bank nifty future saw a sharp fall in last trading session and closed near to its support level. If bank nifty future sustain below 11950 level we can see more correction in it. Support for bank nifty future is at 11940/11668 and resistance is at the levels of 12270/12450.

Resistance levels: It has first resistance close to the level of 11940 & after it may face the next resistance close to the level of 11668.

Support levels:
It has first support close to the level of 12270 & after it may get the next support close to the level of 12450.

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