Monday, December 6, 2010

BANK NIFTY TRADING SYSTEM

Open : 12465.00 High : 12480.00
Low : 12046.00 Close : 12061.00

TREND : BEARISH

Bank Nifty Futures has broken below the minor support level of 12250 and the next major support comes in at 11800 . On the upside the major resistance comes in at 12600 and a break above this level with good momentum will take it back towards the high of 13300.

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