Research of Indian Stock Market

Saturday, December 31, 2011

MONTHLY VIEW FOR NIFTY & BANKNIFTY

IN MY VIEW NIFTY MONTHLY CHART NIFTY TAKE'S A SUPPORT @4300,,,,,,,,,,,AND ,,,,NEXT AROUND ,,,,,,3900---3800,,,,,,,,THE FIRST SUPPORT STAND'S FOR RETRACTMENT LEVEL AND 2nd IS TREND LINE MEET'S,,,,,,,,,,SO  WE CAN SEE THISE LEVEL'S IN COMEING DAY'S


,,,BANK NIFTY CAN TAKE 1st SUPPORT @ 7100 AND 2nd ONE COMES AT 6000----5600,,,,,,,,,,,,,I THINK THISE LEVEL WILL BE ACT AS A BOTTOM FOR INDIAN MARKET 

 

Copyright M. Subramaniam