Nifty Future

Nifty Future

(Updated on 02-08-12 Time 07.40 AM)

Yesterday We indicated that NF would take support at

5225 and 5265 at higher levels.

See the Yesterday’s high at 5266 and low at 5229.

Now today…

Above 5265 if trades with sustained volumes then see

higher levels at 5282-5294.

5294-5300 is strong hurdle zone.

Breakout above 5300 will take it to 5325.

5241-5225 is intraday support.

Below 5225 slide up to 5211-5196.

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Nifty Future

Nifty Future

(Updated on 01-08-12 Time 07.40 AM)

Yesterday through out the session volatility dominated.

In opening market started slide and then up marginally

and after credit policy announce market fall sharply.

And then revived.

Nifty Fut rose up to 5247.

We projected 5238-5858 above 5229.

Now for today…
5225-5210 is intraday support.

Above 5265 will zoom up to 5282-5298

Rally up to 5325 is not ruled out.

Below 5210 slide up to 5198.

5188-5175 is strong short term support.

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Nifty Future

THOUGHT FOR TODAY

Manage Emotions
When the energy of our consciousness is out of our control – the mind is agitated. We are being emotional. The solution is to detach from the inner storms, stand back and observe the hurricane pass. Detached observation withdraws the energy which your emotions require to sustain themselves. When you watch your own anger, it dies. If you don’t detach from it, and observe it …it will be your master.

Nifty Future

(Updated on 31-07-12 Time 07.40 AM)

Today above 5229 if trades for 10-15 minutes.

then see rally up to 5238-5858-5276.

5200-5185 is Intraday support..

Sustained trading below 5180 will drive it lower

at 5144-5122

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Banknifty spot

Banknifty spot

(Updated on 30-07-2012 at 0.20 am)

We indicated that above 10144 it would move up to

10270-10315 and 10315 is great hurdle zone and would

not sustain this level.

Now for today…

Above 10211 it will elevate up to 10290-10315.

10354-10405 in more strength.

But not likely to sustains at higher levels.

10050-10008 is Strong support.

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Nifty Future

THOUGHT FOR TODAY

Always Look On The Bright Side
A pessimist sees the difficulty in every opportunity; an optimist sees opportunity in every difficulty.

Nifty Future

(Updated on 30-07-12 Time 07.40 AM).

We projected that NF would move up to 5152 above 5093.

Then it crashed vertically.

We shorted at 5165 and enjoyed huge intraday gain.

Now today…

Above 5140 would spurt up to 5158-5175.

5100-5082 is intraday support.

5185-5193 is strong hurdle.

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