October 6, 2010

Opening Bell View

Nifty Future (NF) closed yesterday at 6177. It is one of the most important level to watch. 6177 is positionally very important level. Below this level short position will be built up and above this level long position will have upper hand.
Today will be very important day. NF will have support level at 6155 level. Below 6155 kindly avoid all intraday long position. upper side  resistance at 6200 level and 6226 level.

Stock to watch :
Chennai petro : above 265 it can go up side till 276 resistance level. Support level 258.
Reliance capital is looking good on chart and above 865 it will go till 900 level. suport level around 844.

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