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Wednesday 21 December 2011

Technical Outlook for Nifty & Bank Nifty


Rest of the session


Nifty fut. 4623


n.Until now 4655 has acted as a good resistance level but once above it we may witness a sharp rally on the upside up to the next resistance level of 4710. Support levels intact at  4610 /4560 & Resistance level at  4655 /4710 for rest of the sessio




Bank Nifty fut. 8010


The intraday support level of 7930 has held on well , we may witness upside momentum to continue upto 8078/ 8185 levels for the day. Support levels intact at 7930 /7800 & Resistance levels at 8078 /8185 for the rest of the session.

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