Free Stock market / Nifty intraday tips

NIFTY FUTURE

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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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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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