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Thursday, December 23, 2010

Bank Nifty trend for tomorrow

Bank nifty moved under a tight range in last trading session and closed on flat note. One should adopt the strategy of sell at higher levels until it breaks its 11700 level decisively.

RESISTANCE- It has immediate resistance close to the level of 11700 & above this mark the next resistance is seen close to the level of 11850.
SUPPORT- It has immediate support at 11260 mark & below this level the next support is seen close to the level of 11180.

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