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Nifty Support Resistance Levels For 15-Nov-2010

By Bhaveek Patel Leave a Comment

We may see Nifty to trade within wide range of 6100 to 6030, we suggest you to wait for any breakout in either direction before entering the trade today.

Nifty:
Resistance : 6100 / 6124
Support : 6040 / 6020

Our Trading Outlook: One can enter Buy position in Nifty above 6045 levels. The target levels will be 6095 / 6120, From here Nifty may find strong resistance. For all the long(Buy) positions one must keep stop loss near 6020.

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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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