Thursday, 3 November 2011

Outlook of Bank Nifty for 3rd Nov


Bank Nifty Future immediate support comes at 9743 if stays below then it may drag down towards 9664-9607. A close below 9607 will strengthen the bears. Immediate resistance comes at 9826-9877 and cross-over will retest 9928-9954 on the upside. My advice; play for positional longs only on closing above 9954.

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