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Nifty FUT Trade Setup For 14 February 2013

nifty-futures

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Nifty Future

(Updated on 14-02-2013 at 07.55 AM)

Yesterday written that above 5947 Nifty

fut would see higher levels up to 5970-5975.

Nifty fut made high at 5979.

Support at 5923-5915 for intraday.

Break below 5915 may take up to 5903-5890.

Last hope at 5890 for reversal.

If trades below 5890 and sustains for 15-20 minutes

then see panic selloff up to 5835-5816.

Above 5945-5952 may see 5964-5972

Up trends likely to continue only if hurdle at 5770-5775

is decisively breached with vol.

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