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Nifty Future


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Nifty Future

(Updated on 27-02-2012 at 08.00 AM)


In our last post we mentioned that Nifty spot

had support at 5825. Once it breaks it

would move down vertically up to 5750.

Just see it dipped to 5755 and closed at 5767.

.Now for Today…………………


Support at 5747-5735 for Intraday.

Crossover above 5777 with sustaned

vol expect rally up to 5789.

Hurdle at 5792-5798.

Breakout above 5809 with vol

blast up to 5830 not ruled out.

But possibility is very less.

Break below 5725 expect lower levels up to 5711-5702.

Panic selloff below 5700 may take Nifty fut up to 5642.


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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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