Wednesday, December 1, 2010

NIFTY FUTURE FOR WEDNESDAY (1 DEC)


 

Nifty Future

showed a sharp recovery after GDP data and has closed near to its major resistance level of 5900. Nifty future may take up move above 5900 level .One should take long position in it above 5900 level . Resistance for nifty future 5910 /5990 and support is at the level 5835/5750.

 
 Resistance: It has first resistance close to the level of 5910 & after it may face the next resistance close to the level of 5990.

 
Support: It has first support close to the level of 5885 & after it may get the next support close to the level of 5750.

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