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(Updated on 09-11-2012 at 07.30 AM)
Yesterday Nifty fut made low at 5740 against our projected
level at 5736.
5748-5738 intraday support.
break below 5730 expect slide up to 5714-5700-5684.
If not breaking 5740 and crossover 5777 Expect
5793-5802.
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(Updated on 08-11-2012 at 07.30 AM)
Yesterday mentioned NF would take support at 5744
and move up to 5815.
Nifty formed low at 5742.50 and took u turn to kiss 5818.
Now for Today…
Break below 5775 will trigger panic up to 5736-5716.
5700-5682 seems good support.
5802-5812 intraday hurdle.
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Yesterday mentioned that below 11454 it would dip up to
11431 and crossover above 11495 see blast up to 11542.
Banknifty made low at 11427 and high at 11568.45 and
closed at 11539.05.
Now for today…
Above 11454 No worry for bulls and crossover 11572 see
blast up to 11592-11646-11680.
11522-11485 support for intraday.
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(Updated on 07-11-2012 at 07.30 AM)
As written yesterday Nifty fut would take support at 5728 and
above 5758 NF would touch 5769.
Nifty fut made low at 5728 and high at 5774.80 and
settled at 5766.65
Now for today…
Crossover above 5772-5777 See Nf moving up to 5790-5802-5815.
If sustains above 5820 for 15-20 minutes then NF may zoom
to 5850-5867 level.
support at 5755-5744 for intraday.
Break below 5743 Expect 5730-5724.
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Bank Nifty (Spot) Tips
Break below 11454 will take it to 11431-11407.
11370-11402 support for short term trend.
Crossover 11495 may take it to 11520-11542.
11370-11402 good support for short term trend.
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(Updated on 06-11-2012 at 07.30 AM)
On Friday mentioned that above 5690 Nifty fut
would move up to 5703-5710.
Nifty fut kissed 5711.30 and traded in narrow range
on Monday and closed at 5739.65.
Now for Today…
5750-5758 is hurdle zone and crossover
may take Nifty fut up to 5769-5787-5810.
5728-5721 support for intraday.
If trades below 5715 then expect 5700.
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