THOUGHT FOR TODAY ——————————

Optimistic Outlook
Optimism opens a door in difficult or hopeless situations. No matter what the crisis, an optimist maintains the outlook that it is a sign, time for a different way of thinking, or of doing things. Sometimes the signal has to be very clear even harsh, otherwise we may continue in self-delusion and not wake up. Of course if we lack optimism, instead of taking this signal as a step towards renaissance, complaint, resentment or even desperation will emerge.

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Nifty spot

(Updated on 27-12-2012 at 07.20 AM)

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Yesterday mentioned NIfty fut had resistance at 5931.

It could not crossover 5931 and made high at 5930.80

 

Strategy for Nifty spot for Today

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Break below 5862 Expect slide up to 5851-5844

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Nifty spot has strong support at 5844-5836 region.

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5893-5902 Intraday resistance.

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Crossover 5910 may take up to 5919-5928.

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Decisive Break below 5836 may take Nf up to 5814-5800.

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