Free Stock market / Nifty intraday tips

 

nifty-futures

THOUGHT FOR TODAY 
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Angels

An angel is a guest for he cleans up behind him. Where there has been misunderstanding he returns to clarify; where there has been hatred he offers love. He is never without gifts and always without burden. 
 

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Nifty Future

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

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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.

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

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Mow for Today……….

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5892-5909 is hurdle zone.

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Less likely to sustain above this levels with volumes.

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Break below 5859 expect slide up to 5839-5831.

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If sustains below 5816 with volumes then more panic

up to 5802-5794 may not be ruled out.

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Crossover above 5915 expect upside up to 5928-5934.

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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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