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NIFTY FUTURE
(Updated on 09-07-12 Time 07.40 AM)
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In last post we mentioned that below 5335 it
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would touch 5302.
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NF formed low at 5297.40.
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Now for today…..
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Trading below 5320 slide up to 5306-5297.
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If sustains below 5289 With volumes then
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panic selloff may drive it to 5265-5240.
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In order to continue the upside it has to
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crossover 5340-5355 area decisively which
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seems a little difficult.
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If succeeds then expect 5376-5393-5413.
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