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Nifty Futures Support Resistance Level For 30-Nov-2010

By Bhaveek Patel Leave a Comment

Nifty will witness intraday support near 5783 level today, if it beaks below that support level then are more likely to see further downside. We expect a recovery in broader indices today, so Buy Nifty Futures near 5810 level holding for intraday target of 5865 and 5879. The intermediate trend will be positive today. Nifty can show a positive breakout today, with range shown in the support resistance levels below.

Nifty:
Resistance: 5865 / 5896
Support: 5783 / 5743

Nifty futures trade for today (30 Nov 2010): Buy Nifty Future near 5810 level for intraday target of 5865 and 5879 levels, also place Stop loss at 5778 level.

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Category: Nifty Tags: Nifty Analysis/ Nifty Levels

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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