Sharp momentum has been witnessed once nifty fut. broke out of the range of 4735-4685. Going forward momentum on the downside is likely to resume once below 4685 levels. Whereas a close above 4825 level will unfold higher targets in the coming session. Resistance levels at 4774 /4825 & Support levels at 4685 /4635 for coming trading session.
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Thursday, December 15, 2011
Closing Technical Outlook for Nifty fut 15/12/2011
Sharp momentum has been witnessed once nifty fut. broke out of the range of 4735-4685. Going forward momentum on the downside is likely to resume once below 4685 levels. Whereas a close above 4825 level will unfold higher targets in the coming session. Resistance levels at 4774 /4825 & Support levels at 4685 /4635 for coming trading session.
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