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Nifty FUT Trade Setup For 22 February 2013

nifty-futures

Nifty Future

(Updated on 22-02-2013 at 08.10 AM)

We clearly mentioned that Nifty fut has strong

hurdle at 5975-5989 zone.

Nifty rose up to 5974 and plunged.

Also written that below 5925 would have panic

selloff up to 5888 and may retest recent lows.

Now for today…

Support @ 5831-5817 for intraday.

Break below 5817 except slide up to 5802.

IF breaks and sustains below 5795 then

panic selloff up to 5755-5735.

Hurdle at 5874-5890.

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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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