Free Stock market / Nifty intraday tips

Nifty Future

Nifty Future
(Updated on 05-09-2012 at 08:10 AM)

As mentioned yesterday Nf has support at 5256 and

resistance at 5310.

NF took U turn from the low of 5258 and then itched up at 5205.

Now for today…

5285-5279 zone is intraday support zone.

If sustaines above 5297 and crossover 5308 then expect

rally up to 5320-5328 which is hurdle zone.

Break below 5272 may drive lower up to 5263-5256.

IF trades below 5251 with sustained volumes then

expect panic selling up to 5238-5228-5210.

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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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