Friday, 20 January 2012

Outcome of Nifty & bank Nifty for 19th Jan


Nifty future had mentioned resistance is placed at 5013 and if upholds can target 5036. Verify after a gap up opening at 4996 in the morning, nifty resisted exactly at 5012.85 and again dipped towards 4991 and once crossed 5013 it rushed towards 5036 placing a high of 5027 for the day. Bank Nifty future had mentioned resistance is placed at 9148 and if upholds will target 9185-9248. Verify after gap up opening, once crossed 9148 it rushed towards 9248 placing a high at 9218.

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