Free Stock market / Nifty intraday tips

NIFTY FUTURE

NIFTY FUTURE

(Updated on 09-07-12 Time 07.40 AM)

In last post we mentioned that below 5335 it

would touch 5302.

NF formed low at 5297.40.

Now for today…

Trading below 5320 slide up to 5306-5297.

If sustains below 5289 With volumes then

panic selloff may drive it to 5265-5240.

In order to continue the upside it has to

crossover 5340-5355 area decisively which

seems a little difficult.

If succeeds then expect 5376-5393-5413.

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