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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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