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.

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Most part of the trading session market traded above this level

after touching this level in early hours of trading.

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

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

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

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4967-4951-4927 are intraday range to support.