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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Showing posts with label Closing Technical Outlook. Show all posts
Showing posts with label Closing Technical Outlook. Show all posts
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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