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NSE Bank Nifty March Future Levels for 1st March’13

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  • Trading as per support and resistance levels may be quite useful for intraday trading in commodities.
  • Resistance is termed as the level where the commodity generally gets some opposite force before it can go further up.
  •  A support is the level where a Commodity get buying interest before it can fall further.
  • Under the normal market conditions or in the absence of some extremely panic news the support and the resistance levels can act as good levels for initiating the buying/selling.
  • In general, it is advisable to buy the commodities at support levels and sell at the resistance levels.
  • In Intraday, there are few support and resistance levels known as Support1, Support2, Resistance1, Resistance2, etc
NSE Bank Nifty March Future Levels for 1st March’13
Bank Nifty Future Levels for 1st Mar’13
Pivot Level = 11649
Support1 11263 Resistance1 11872
Support2 11039 Resistance2 12258
Support3 10653 Resistance3 12481