Monday, 12 December 2011

Outlook of Bank Nifty for 12th Dec


Nifty future immediate resistance comes at 4885 and then at 4939.If manages to cross 4885 and sustains above 4939 then it can rush till 4979-4995 which is a strong resistance. On failure to cross 4885 it can slide to retest 4813-4774 and even 4747 which is the crucial support now.

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