Thursday, 12 January 2012

Outcome of Nifty & Bank Nifty for 11th Jan


Nifty future had mentioned resistance is placed at 4879-4890 and supports are at 4821-4808. Verify in the morning opened just near the support of 4808 and the high was exactly placed near the resistance at 4889 for the day. Bank Nifty future had mentioned supports at 8689 and resistances at 8877-8883 also recommended buy on dips strategy. Verify the low was placed at 8728 and it got resisted exactly at the specified level of 8883 placing a high of 8881 for the day.


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