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Nifty FUT Trade Setup For 8 February 2013



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Nifty Future

(Updated on 08-02-2013 at 08.20 AM)

We were shouting  that Nifty has

great Resistance in moving upward at 6075-6090 levels

When It was trading at 6060-6075 levels

Now for today…

Intraday support @ 5940-5948.

If breaks 5928 and trades for 20 minutes

then See panic up to 5902.

If not breaking yesterday’s low at 5940 and

trades above 5967-5973 zone then may go up to 5993.

Strong hurdle at 5989-6000 zone.

Lower levels we have been had writing here have been

achieved for Nifty spot and futures.

Three consecutive closes below 5914 may drag

Nifty fut up to 5831-5818.

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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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