Wednesday, 14 December 2011

Outlook of Nifty for 14th Dec


Nifty future immediate minor resistance at 4850 and crossover above can pull nifty to the strong resistance of 4885. Only above 4885 we can expect nifty to move ahead towards channel resistances at 4903-4915-4925-4939 which seems quite difficult. Immediate strong support comes at 4756-4725.Only below 4725 we can witness a  fall till 4688-4632.

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