Free Stock market / Nifty intraday tips

Nifty Future

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Nifty Future

(Updated on 15-10-2012 at 07.15 AM)

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Friday We written that 5752-5760 hurdle zone and

below 5717 slide up to 5681.

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NIfty Fut made high at 5642.70 and low at 5678.

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Now for today…………

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Crossover above 5703 NF may move up to 5717-5728.

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5717-5728 is hurdle zone.

Above 5330 See target and hurdle at 5752-5764.

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5680-5672 intraday support zone.

Break Below 5672 may slide up to 5655.

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Below 5720 bias is slightly bearish or consolidation phase.

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Sustained trading below 5651 see correction

extending up to 5638-5625-5605.

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Failure to close above 5750 and closing below 5640

may drag NF below up to 5561-5520 zone.

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1 Comment

  1. As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.

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