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Wednesday, December 15, 2010
UPDATES FOR DEC 16 2010
DEC 16 THURSDAY
TRADING LEVELS
NIFTY OUTLOOK
First Res is seen at 5915 levels
The major resistance seen at 5933 to 36 levels .
Support seen at 5871 / 68 .
Anothwe support seen at 5857.
Longs are advised only above 5915 to 5935 levels .
Weakness is seen below 5866 levels .
NIFTY SPOT
SUPPORT 1 5858 , SUPPORT 2 5823
RESISTANCE 1 5934 , RESISTANCE 2 5977
NIFTY DEC
SUPPORT 1 5861 , SUPPORT 2 5826
RESISTANCE 1 5942 , RESISTANCE 2 5990
BANK NIFTY
SUPPORT 1 11057 , SUPPORT 2 10898
RESISTANCE 1 11495 , RESISTANCE 2 11774
TRADING CALL
Buy Petronet on every decline
stop loss @ 117 / 118
Target 132 / 135 / 140 .
TRADING LEVELS
NIFTY OUTLOOK
First Res is seen at 5915 levels
The major resistance seen at 5933 to 36 levels .
Support seen at 5871 / 68 .
Anothwe support seen at 5857.
Longs are advised only above 5915 to 5935 levels .
Weakness is seen below 5866 levels .
NIFTY SPOT
SUPPORT 1 5858 , SUPPORT 2 5823
RESISTANCE 1 5934 , RESISTANCE 2 5977
NIFTY DEC
SUPPORT 1 5861 , SUPPORT 2 5826
RESISTANCE 1 5942 , RESISTANCE 2 5990
BANK NIFTY
SUPPORT 1 11057 , SUPPORT 2 10898
RESISTANCE 1 11495 , RESISTANCE 2 11774
TRADING CALL
Buy Petronet on every decline
stop loss @ 117 / 118
Target 132 / 135 / 140 .
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