Thursday, November 25, 2010

UPDATES FOR NOV 26 2010

NOV 26 FRIDAY

TRADING LEVELS

Nifty yesterday tested Res 5907 and went down rapidly

due to all the negative cues,

The first Res for Nifty is at 5936 levels

Below this it looks very weak.

Longs are not recommended below this levels .

Nifty has to close above 5950 for longs

Intra day Res is seen at 5836 / 5875 .

NIFTY SPOT

SUPPORT 1 5751 , SUPPORT 2 5702

RESISTANCE 1 5877 , RESISTANCE 2 5955

NIFTY DEC

SUPPORT 1 5807 , SUPPORT 2 5758

RESISTANCE 1 5923 , RESISTANCE 2 5990

BANK NIFTY

SUPPORT 1 11520 , SUPPORT 2 11348

RESISTANCE 1 11913 , RESISTANCE 2 12134