Free Stock market / Nifty intraday tips

Nifty Future 2-2-2012

Yesterday,  We bought NF 5199-5205 for targets 5262-5292 with Stoploss 5177

Just watch for more up move, NF nifty must be sustain 5255 above…you will 5289-5315 very soon and 5342-5355 possible

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Also, we bought ABAN future huge lots

Just click to see level

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I will update live for subscribers and you, just wait for reversal…

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Technical,

  • Nifty closed above 200 SMA.
  • Price has violated weekly resistance line.
  • Staying above 5 Month High EMA will extend gains for bulls.

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Spot Nifty

  • Having closed firmly above 200sma(5200)
  • Nifty is heading towards 5360 & 5400.
  • Immediate resistance is @ 5257-63.
  • Holding above 5200, uptrend continues.

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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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