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Nifty future

Nifty Future
(Updated on 10-05-2012 Time 08.50 AM)

Yesterday and even on 7th May we had written that

we would see 4965 that happened yesterday.


Most part of the trading session market traded above this level

after touching this level in early hours of trading.


Then it slid little more and formed new low about 4955.


Trading above 4994 for couples of minutes will drive it up to 5020-5035.


Sustained trading above hurdle5020-5035 will lift it to 5067-5076.


4967-4951-4927 are intraday range to support.

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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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