AS THE UPCOMING EXPIRY 29-DEC-2011 BEING THIS YEAR’S LAST EXPIRY & MONTH END, TODAY IT MAY BE VOLATILE. WHAT WE CAN EXPECT IS, CHANNAL TRADING OR A LOWER MOVEMENTS. WHEN NIFTY FUT CROSSES 4800, IT MAY ENTER THE BUYING ZONE. ALSO WHEN IT CUT DOWNS 4735, IT ENTERS THE SELLING ZONE.
FOLLOW THE TECHNICAL TREND OF THE MARKET, TRADE SAFELY IN THIS VOLATILE , LOWER VOLUME MARKET.
WORLD MARKET DATA
| Dow | +124.35 |
| Nasdaq | +19.19 |
| Nikkei | -38.53 |
| Hang Seng | +250.94 |
| SGX NIFTY | -13.50 |
NIFTY SPOT LEVEL (DEC – 27) 4,779
| RESISTANCE 1 | 4,804 |
| RESISTANCE 2 | 4,830 |
| RESISTANCE 3 | 4,873 |
| SUPPORT 1 | 4,735 |
| SUPPORT 2 | 4,692 |
| SUPPORT 3 | 4,666 |
BANK NIFTY SPOT LEVEL (DEC – 27) 8,374
| RESISTANCE 1 | 8,432 |
| RESISTANCE 2 | 8,490 |
| RESISTANCE 3 | 8,559 |
| SUPPORT 1 | 8,304 |
| SUPPORT 2 | 8,234 |
| SUPPORT 3 | 8,177 |
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