NIFTY AND BANK NIFTY FUTURES: 16 DECEMBER 2011

NIFTY SPOT LEVEL: 16^TH DECEMBER 11

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4705-4815, and if it breaks the level 4705 Then it would go down and next support would be 4645 and if it breaks the level 4815 then would go higher and next resistance would be 4875 i.e. Nifty would vary between broad range of 4645-4875.

BANK NIFTY FUTURES: 16^TH DECEMBER 11

In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8455-8720, and if it breaks the level 8455 then it would go down till next support 8350. If bank nifty futures sustain at 8720, then it would make high up to next resistance 8825 that is bank nifty future would vary between broad ranges of 8350-8825.

Posted in: Bank Nifty Trading Tips,FREE DAY TRADING TIPS,Nifty futures Levels :16 th DECEMBER 11,Nifty SPOT Levels 16th DECEMBER 11