Nifty Future 25-04-2012
(Updated Time 9 O’clock)
Yesterday, I told you Sell Nifty Future 5226-5236 with stop loss 5242 for targets 5162 and 5138…
Yesterday Nifty fut has traded below short term reversal point which is at 5242. Above this if it sustains for 10 mnts it may run up to 5267 and 5291.
5170-5185 is a good buying zone which attracts traders and forces short sellers to book profits as witnessed several times.
Sharp sell off likely below 5170 to see level of 5150-5130