Free Stock market / Nifty intraday tips

Nifty Future

Nifty Future

(Updated on 07-05-2012 Time 08.50 AM)

Market seems to be under quiet selling pressure.

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We told here that more deterioration if markets traded below 5129.

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That became true and touched the low of 5082 which is slightly above our projected low of 5079.

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Now for Today it seems to continue the same sentiment and extend the drop up to 5020-5005.

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4965 may hold if it shows some strength and may raise the hope of revival for short term move.

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