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Monday, December 27, 2010

Banknifty trading strategy for 28th december

Bank nifty saw small correction in last trading session and closed near to its support level. We can see come more correction in it . One can adopt the strategy to go short at higher level until it breaks its 11700 level decisively.

RESISTANCE: It has first resistance close to the level of 11620 & above this mark the next resistance is seen close to the level of 11735.
SUPPORT:
It has immediate support at 11345 marks & below this level the next support is seen close to the level of 11180

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