Nifty Technical Outlook Nifty has managed to sustain and close above the resistance of 8280 levels, which is a positive signal. The immediate support level for the index is now placed at 8240, as long as 8240 remains intact the upside target of 8340 to 8400 levels may be achieved. Action: Nifty has an immediate resistance at 8,300 and on a decisive close above expect rise to 8,340 & 8,400 levels. Bank Nifty: Bank Nifty faces immediate resistance around the 18960 levels on the upside and on a decisive close above expect rise to 19170 & 19,320 levels. There is an Immediate Support at 18,730 levels on the downside.
Posted on: Fri, 02 Jan 2015 03:53:08 +0000
Trending Topics
Recently Viewed Topics
© 2015