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Nifty Future
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(Updated on 16-07-12 Time 08.40 AM)
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As written markets continued its correction phase.
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We projected that above 5245 it would take NF to 5262-5279.
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See it formed high at 5276.90 and moved
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down as it is hurdle zone
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Now for today……….
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5262-5279 are intraday hurdle zone.
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If it takes out that levels then expect 5218-5350.
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Below 5225 it may take 5210-5180 which is strong
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support zone and may reverse the trend.
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