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Friday, December 3, 2010

NIFTY SPOT LEVELS for 3rd Dec

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NIFTY SPOT LEVELS

SUPP 1: 5985
SUPP 2: 5900
RES 1: 6035
RES 2: 6060

Nifty future has strong resistance at 6060 and traded in a narrow range, and closed near to its resistance level. If nifty future sustain above 6060 level we can see some more up move to 6150 levels. One should take long position above 6060 level. Resistance for nifty future 6060/6150 and support is at 5925/5875.

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