Free Stock market / Nifty intraday tips

Nifty Futures

 

nifty-futures

Nifty Futures

(Updated on 15-06-2012 Time 08.30 AM)
.
We indicated several times for last 3 sessions that markets are in

strong resistance area.
.
Crossover this zone to continue bullish trend is quite difficult

and path of multiple barriers.
.
Bearing this in mind we advised to remain with comfortable long
.
position and to trade short identifying opportunities.
.
We took this opportunity to go short and trades accordingly yesterday.

.

Now for today…………
.
5079 is intraday hurdle and crossing over with volume may drive it
.
to 5095-5117-5135.
.

If trades below 5040 with volumes may take it to 5022-5006 zone which
.
may act as intraday support and intraday reversal.
.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *