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Tuesday, December 21, 2010

Bank nifty trading view for 22nd december

Bank nifty future saw smart pull back in last trading session . If it manages to sustain above 11700 level we can see more up move from here. One should take long position only above 11700 level . Resistance for bank nifty is at 11700/11850 and support is at 11491/11260 .

RESISTANCE-It has first resistance close to the level of 11700 & after it may face the next resistance close to the level of 11850.
SUPPORT: IT has first support close to the level of 11491 & after it may get the next support close to the level of 11260.

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