Free Stock market / Nifty intraday tips




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Nifty Future

(Updated on 14-12-2012 at 07.40 AM)

In last post we written that weakness has set in

and not able to move up above 5950-5957 and

break below 5915 would trigger selloff.


Just see it went up to 5939 and fell vertically up to 5865.


Mow for Today……….


5892-5909 is hurdle zone.


Less likely to sustain above this levels with volumes.


Break below 5859 expect slide up to 5839-5831.


If sustains below 5816 with volumes then more panic

up to 5802-5794 may not be ruled out.


Crossover above 5915 expect upside up to 5928-5934.


But short term Trend is slight negative and corrective phase.


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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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