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Nifty FUT Trade Setup For 31 January 2013

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nifty-futures

THOUGHT FOR TODAY

The Weak, The Brave And The Strong
Anger is weakness, tolerance is bravery. Humility makes you strong.
 

Nifty Future

(Updated on 31-01-2013 at 08.20 AM)

Previous session remained choppy ahead of January expiry.

As mentioned that Nifty fut traded between 4041 and 6070.

Facing great hurdle as moving higher near 6100 to sustain.

No need to change levels.

Hurdle @ 6066-6074.

Crossover may take up to 6088-6097

Support @ 6040.

Break below 6038 may take up to 6025.

Crucial support of rising trend line at 6022.

Break below may take up to 6010-6000.

Two Closing below 6022 may take lower at 5975 which is

second trend line support for short term trend.

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