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Nifty Future

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Nifty Future

(Updated on 25-12-2012 at 07.20 AM)

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On Monday written NF would not break above 5879.

It made high at 5877 and traded in a rang below

up to 5853.50

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No need to change levels.

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5879-5885 is strong hurdle.

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If breaks lower below 5847 and sustains below

which for 15-20 minutes then correction may

extend up to 5825.

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If not breaking 5847-5842 range decisively and

trades above 5885 with sustainde vol and price

then rally up to 5911 not ruled out.

Break below 5825 may take NF up to 5809-5780.

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5780-5760 major support zone.

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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