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Monday 24 December 2012

Nifty Spot levels for 24-12-2012 to 28-12-2012

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A stoploss hit in the Union Bank Of Inida.
Nifty again & again is taking support & resistence @ Gann levels. In my earlier post i stated that 5960 & 6060 are the major resistence levels and see the beauty it actually found resistence @ 5965 level. Again i mentioned that that major support levels are 5820 & 5760 and nifty found its support @ 5823 levels. Till date there is no change in the levels. A close below 5820 will drag the index to 5738, 5688,5566. and the resistnce levels are 5960,6060,6084. All levels are of spot nifty. So try to take positions near these levels with small-small points as stoploss.

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