Sunday, September 26, 2010

BANK NIFTY Trading levels for Monday (27-September-2010)

BANK NIFTY TRADING LEVELS FOR MONDAY










                   BNF pivot is placed at 12265 for monday's trading.


This is expiry week for bank nifty  and as usual this could mean heightened volatility.


BNF support is placed at 12185 on monday. Trading below 12145 will indicate trouble


and it could correct to 12100, 12040 and 11980.




Resistance level for BNF is placed at 12340 for Monday.


12385 will indicate breakout in BNF and it will move to 12410, 12460 and 12520.






NEXT: NIFTY WEEKLY OUTLOOK


Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

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