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(Updated on 14-09-2012 at 07:10 AM)
As written yesterday Market faced resistance at 5458 and
support at 5435.
NF formed high at 5455 and low at 5435.35
Now what to do…
Crossover 5472 See NF rallying up to 5497-5537.
Daily + weekly close above 5472 Expect 5537-5620
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(Updated on 13-09-2012 at 07:10 AM)
5435-5427 intraday support zone.
Crossover 5466-5472 see NF rallying up to 5485-5497-5537
Break below 5421 see slide up to 5408-5396.
Trading below 5385 with vol may cause panic sell off.
5458-5466 is strong resistance zone.
3 Consecutive Daily + weekly closing above 5472
Expect 5537-5620
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You will be see profit booking 5387-5409 (Cash NSE Index)
You wil get down fall 67-92 points easily…
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Suppose to crossover 5409 the, free for 5445-5478, therefor throw your short position
(Updated on 11-09-2012 at 07:25 AM)
Yesterday mentione that crossover 5386 would take higher.
Nf formed high at 5386.70
We also indicated below 5368 it would see 5352.
It touched low of 5358.50
Now for Today…
Break below 5352 expect slide up to 5338.
If trades below 5338 for 15 minutes NF will
extend correction up to 5328-5311.
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As written on Friday that NF would touch 5399.
See during special session on Saturday it kissed 5389.60
Now for Today.
crossover 5386 see rally up to 5497-5407.
5373-5368 zone is intraday support zone.
If trades below 5366 then likely to retrace up to 5352.
5352-5347 is also good support zone for intraday.
Strong bullish trend above 5315.
If trades above 5414 with sustained volumes
for 15-20 minutes then see blast up to 5436-5452-5473.
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Nifty Future
(Updated on 07-09-2012 at 07:30 AM)
As written that 5244-5238 is good intraday support.
Nifty fut just kissed the low of 5237 and took U turn.
Crossover 5384 will take NF to 5302-5314
If sustains above 5318 NF will move up to 5336-5348
Daily + Weekly closing above 5310 will set the
stage fresh uptrend upto 5399.
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