Thursday, December 9, 2010

UPDATES FOR DEC 10 2010

DEC 10 FRIDAY

NIFTY SPOT :

Today Res is seen at 5818 / 21 .

On down side first support 5744 / 40 levels .

Next support at 5713 / 08 levels .

Long position should be taken only 5821 .

Better to go long above 5710 .

Below 5710 looks weak .

The trend is weak for now .

Below 5710 we can expect up to 5502 levels .

NIFTY SPOT

SUPPORT 1 5696 , SUPPORT 2 5627

RESISTANCE 1 5881 , RESISTANCE 2 5997

NIFTY DEC

SUPPORT 1 5719 , SUPPORT 2 5646

RESISTANCE 1 5903 , RESISTANCE 2 6014

BANK NIFTY

SUPPORT 1 10987 , SUPPORT 2 10788

RESISTANCE 1 11500 , RESISTANCE 2 11814 .