Monday, August 30, 2010

Nifty Levels for 31 August

Pivot Level = 5428
Support1 = 5391 Resistance1 = 5465
Support2 = 5354 Resistance2 = 5502
Support3 = 5317 Resistance3 = 5539 

Nifty Spot Sell & Buy Levels for 31 AUG 2010

SELL BELOW 5388 SL 5408 T1 5378 T2 5367 T3 5357
BUY ABOVE 5430 SL 5410 T1 5440 T2 5451 T3 5461

BANK NIFTY FUTURE LEVELS: SUPP 1 10630 SUPP 2 10500 RES 1 10940 RES 2 11050

Sensex is facing the resistance close to the levels of 18450 to 18500. Decisive closing above this resistance zone may take up the Sensex till the level of 18800 in near run. in the downside it is getting the short term support close to the levels of 17825 to 17900. Decisive closing below this support zone may further week the trend of Sensex for further decline might drag till the lower level of 17400 in near run.

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