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Nifty Future

nifty-futures

THOUGHT FOR TODAY 
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Getting On With It
Worrying about how everything will get done or whether I am capable of doing it limits my ability to respond to challenges considerably. The less I think about doing something and the faster I just get on with it, the fewer problems I cause myself. Good planning is always helpful, but time spent fretting and procrastinating is a major drain on my energy. The more willing I am to respond positively to opportunities, the more my capacity will grow.

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Nifty Future

(Updated on 08-01-2013 at 07.40 AM)

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Yesterday written that Nifty future has strong hurdle

at 6056-6072 Region for short term trend.

Nifty future made high at 6059 and fell back.

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Now Actions for Today…………..

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6013-5995 support region.

6035 intraday hurdle.

If holds this support and not breaking with crossover

above 6035 may rally up to 6051-6058.

Again 6059-6072 hurdle.

If Breaks below 5991 and stays 15-20 minutes below then correction

may extend up to 5970-5940.

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This is not a trend reversal but will be healthy correction

and may last one to three days.

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The major trend likely to remain intact.

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once daily+weekly closing above 6040 happens

our first target will be at 6170-6206.

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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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