Free Stock market / Nifty intraday tips

Nifty Fut. 3-2-2012

Yesterday, we enjoyed NF buy 5233 and Touched 5296 with SL 5200

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Today, Just watch selling pressure will increase 5292-86 and 5318 around

Nifty future can test today 5235 and 5192 if not cross 5322
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Just, keep patience for trade
I will update live for subscribers if time permit, then i will update for you.

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Technically, Spot Nifty

  • S&P 500 have resistance.
  • If price sustains above 200 SMA crossover will be effective and the up move will continue.
  • Dow Jones have diamond pattern.
  • Nifty Volume chart shows good addition in volume along with price increase.
  • Resistance : “5298-5326”
  • “5226”-last low & 5215-last peak & 5201-200sma are the supports
  • Yesterday’s topping “Doji” pattern has a follow up attempt today…

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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