Nifty Levels- 26 Nov 2008

From today i am starting a series of regular posts about technical levels of NIFTY Futures to be used for short/medium term NIFTY FUTURE players. For making things short & sweet lets go directly on the expected levels for nifty in short term.

As of today, on 26 Nov 2008 Nifty futures managed to cross 2763 which completes the 50% fibonacci retracement from the levels of 2228 and 3299 and closed near to it so next target should be 2840/2885/2945 in short/medium term.