Wednesday, December 8, 2010

NIFTY TRADING SYSTEM

NIFTY TRADING SYSTEM

Open : 5985.00 High : 5985.00
Low : 5894.00 Close : 5925.00

TREND : BEARISH

Nifty Futures has closed below the minor support level of 5950 and is vulnerable to more weakness in the coming session to test the level of 5850 and thereafter the major support level of 5725 on the downside. On the upside, a break above the 6025 mark , will take nifty futures towards major resistance of 6150 zone.

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