Thursday, September 15, 2011

UPDATES FOR SEPT 16 2011

SEPT 16 FRIDAY


NIFTY OUTLOOK


Nifty may test 5200 if there is no adverse news frm RBI


5000 is a stromg support .


Major Res 5089 to 5115

Major support 5038 / 5022


Expecetd High 5109 to 5137


Expected low 5097 / 5022


TRADING LEVELS


NIFTY SPOT


S1 4998 , S2 4920

R1 5122, R2 5168


NIFTY FUTURE

S1 4992 , S2 4903

RES 1 5135 , RES 2 5189


BANK NIFTY


S1 9452 , S2 9231


R1 9817 , R2 9961