Monday, 10 October 2011

Nifty Intraday & Technicals Oct'10th

Nifty Spot 


Buy above: 4900   Targets: 4915.05 - 4932.59 - 4950.16 - 4967.76 Stoploss : 4882.51

Sell below: 4882.51   Targets: 4867.49 - 4850.06 - 4832.66 - 4815.29 Stoploss : 4900   



BANK NIFTY 


Bank Nifty has broken its August low of 8917. The Index came under serious pressure after Moody's downgraded SBIN. We may see some resistance @ 9200 levels. 
Buy above 9042 trgt - 9120 , 9192 , 9267
Sell below 8970 trgts - 8893, 8818 , 8770 

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