Friday 5 October 2012

NIFTY BANK NIFTY LEVELS FOR 05 OCT


Nifty hit 17 months high, raised 56.35 pts @ 5787.60, ahead of the Cabinet meeting to discuss foreign direct investment in the insurance and pension sectors, among other key Bills. Apart from 
positive sentiment, the rally is also being driven by a massive inflow of foreign funds. 

NIFTY SPOT TREND-BULLISH RESI 1: 5840 RESI 2: 5920 SUPP 1: 5735 SUPP 2: 5650 STRATEGY: BUY ON DIPS

BANK NIFTY FUTURE TREND- BULLISH RESI 1: 11840 RESI 2: 12000 SUPP 1: 11550 SUPP 2: 11400 STRATEGY: BUY ON DIPS 



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