Thursday, December 22, 2011

NIFTY SUPPORT AND RESISTANCE 23 December

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The National Stock Exchange's Nifty extended pull-back rally for second straight session and closed above psychological resistance levels as traders covered shorts on the back of positive cues from European peers. All the sectoral indices, barring technology space, closed in the positive terrain.The top Nifty gainers were DLF, PNB, Tata Motors and IDFC while the biggest losers included Wipro, Sesa Goa, Bharti Airtel and Cairn India.

NIFTY LEVELS FOR TOMORROW 22 December

Resistance :- Technical resistance for Nifty is marked near 4801 and last resistance level at 5000.47
Support :- Support Levels for Nifty, first support is marked near 4602.07 and last support at 4402.87

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