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Nifty Futures Support Resistance Levels For 24-Nov-2010

By Bhaveek Patel Leave a Comment

Nifty shall open flat to positive on global cues, we will witness buying at lower levels today may be near 5925 level. However, we suggest you to enter a buy position, as markets are more likely to strengthen so buy nifty futures near 5949 levels. The trend will be mixed today, also volatility will be higher compared to past sessions. Nifty will be in narrow range as shown in support resistance.

Nifty:
Resistance: 6099 / 6028
Support: 5935 / 5898

How to trade nifty futures today: Buy Nifty Future near 5949 level for the target of 5969 and 5984, place protective Stop below 5934 level.

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Category: Nifty Tags: nifty/ 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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