Nifty futures tips december 26 2011

Nifty futures tips december 26 2011 : Indian markets ended the week with 1.6% gains. Today, the markets ended in red amid a volatile session. The markets slipped into red territory in noon trade mainly due to profit booking on the back of smart bounce back by the markets in last two trading sessions.

The Nifty ended down 19.85 points, to close at 4714.00. The Sensex ended down 74.66 points, to end at 15,738.70. The breadth of the market was positive in today’s trade and the total volumes were at Rs 139976 cr. The December future ended at 4723.50

INTRDAY TIPS FOR TODAY 26 Dec 2011 :- After The flat opening with positive bias stock intraday market had the negative end closing.In the morning session stock intraday market was in marginal gain due to short covering rally in the market but in afternoon session it start trading at rang bound session.And in last trading session stock market traded at red zone,and stop its trading with some loss at 15731, down 82 points.Monday Stock Intraday market is expecting to have positive trend opening.

NIFTY SPOT LEVEL: 26th december 2011
In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 4660-4765, and if it breaks the level 4660 Then it would go down and next support would be 4610 and if it breaks the level 4765 then would go higher and next resistance would be 4820.

BANK NIFTY FUTURES: 26th december 2011
In upcoming trading session, Bank Nifty Futures is possible to vary between narrow ranges of 8205-8410, and if it breaks the level 8205 then it would go down till next support 8110. If bank nifty future breaks 8410, then it would make high up to next resistance 8525.

Nifty Future Tips For 26/12/2011
Scrip	Trigger	Price	SL	T1	T2	T3
NIFTY	Buy above	4754	4716	4788	4822	4846
	Sell Below	4679	4716	4645	4611	4587

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