Browse By

NSE Nifty December Future Levels for 19th December 2012

Make My Trade | India (www.makemytrade.in)

  • 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
  • Nifty Future Levels for 19th Dec’12
    Pivot Level = 5974
    Support1 5940 Resistance1 6031
    Support2 5883 Resistance2 6064
    Support3 5849 Resistance3 6121