RSS

Thursday, January 6, 2011

Nifty Futures: Next Trading Session Trading Strategy (Fri. 07th Jan. 2011)


Nifty future is still trading on weak note. We can see some more correction in coming trading session. One should adopt a strategy of sell at higher level. Support for nifty future is at 6000/5966 and Resistance is at 6150/6208 levels.
  
RESISTANCE: It has first resistance close to the level of 6150 & above this level the next resistance is seen near the 6208 mark. 

SUPPORT: It has first support close to the level of 6000 & below this level the next support is seen near 5966 mark. 

Bank nifty had sharp down fall in last trading session. We can see some more down fall in coming trading sessions. One should adopt a strategy of sell at higher level, Support for bank nifty future is at 11180/11040 and Resistance is at 11440/11665 level.
            
RESISTANCE: It has first resistance close to the level of 11440 & above this level the next resistance is seen near the 11665 mark. 

SUPPORT: It has first support close to the level of 11180 & below this level the next. 

0 comments:

Post a Comment

 
Real Time Web Analytics