October 10, 2010

BANK NIFTY Weekend Analysis

  • Main resistance for the index now is 12728 - 12738 area.
  • Important support for the index is at 12320 area.
  • There is a raising trend line which can also give support for the index.
  • Important levels inside the range of 12320 to 12728 are 12414, 12550, 12650
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