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BUY NF 5368-5386 and SL 5362 go for targets 5438-5462
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Nifty Future
(Updated on 14-08-2012 at 07.50 am)
Yesterday NF lowered at 5326..85 and then moved up higher at 5377.70
towards the end of the session and closed at 5371.90.
5359-5352 is Intraday support.
If sustains and trades aboe 5365 then expect rally up to 5378-5384.
5391-5397 zone is hurdle zone.
Breaking below 5346 Nf may slide up to 5333-5328.
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Todays ThoughtTHOUGHT FOR TODAY
Inner Beauty
“Wow…that’s beautiful!” Is either a cry or a thought when faced with the mountain sunset, a spectacular view or a well formed man or woman. But where is the beauty, where is the appreciation of beauty, where is the ability to discern beauty? It is within our own consciousness. For the essence of who and what we are is beauty itself. The essence of beauty is not found in the body, a face or a mountain – they only stir the essence of beauty within our own spirit. And that beauty is not only something we taste within ourselves, but it emerges in our character as virtue, and in our life as care. For what is virtue, but love in action. The next time you say, “That’s beautiful!” know that you speak of yourself, and it is you who are beautiful. Always were, always will be.
Nifty Future
(Updated on 10-08-12 Time 08.20 AM)
Breakout below 5324 and then not able
to cross 5337-5343
NF may slide lower at 5310-5298.
If weakness persists then slide may
extend up to 5376-5362.
If trades above 5355 with volumes for
10-15 minutes then expect 5368-5374-5382.
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That does not mean that the rally is over, it may just be a pause Or Short Term bear attacked. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Nifty Future
(Updated on 09-08-12 Time 07.40 AM)
Yesterday we had written above 5352 NF would touch 5370
and if maintain above this level the we would see 5382
and then 5396in more upside.
Crossover above 5365 expect rally up to 5372-5372 levels.
In more strength 5396 not ruled out.
If breaks 5342 with volumes then slide up to 5329-5323.
If breaks below 5320 with volumes then see 5300
where it may find support.
Slide up to 5282-5376 in more panic.
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Enough fireworks to chase away many retail investors. Equity fund outflows have been heavy, the highest in two years. Yet the S&P 500 is also up nearly 11% from its June low and is now pushing over the 1,400 level for the first time since late April.
Now the question is: Will it last? And where should investors arriving late to the party focus their attention?
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