Free Stock market / Nifty intraday tips

Daily Nifty Future Trading Tip

nifty-futures

.

Nifty Futures
.
(Updated on 20-06-2012 Time 08.30 AM)  

.
Again market has shown strength in area of multiple barriers
.
and try to crossover.

.
.
As written yesterday above 5081 and crossover would take

.

it to 5120-5138.   Yesterday it went up to 5120.90.
.

.
Now for today……………
.

.
Crossing over 5120-5124 area

.

will quickly drive it to 5136-5169.

.
.
if breaks 5088 and sustains with volumes for 10-15 minutes

.
.
then expect again 5073-5045 levels.

.
.

Again reiterate that avoid long position above 5181-5199 area

.
.
and stay comfortably cool.

.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published.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