Free Stock market / Nifty intraday tips

Nifty Future

Nifty Future

(Updated on 26-07-12 Time 08.20 AM)

Nifty fut tumbled to 5078 after breaking 5107-5097 zone.

We indicated 5181 might support and market bounced off

that level.

We traded long from 5085 and booked handsome intraday

gain.

Now for today…

Crossover 5126-5132 zone with sustained volumes

may improve the sentiment for short term trend and

likely to move up to 5152-5172.

5182-5190 is strong hurdle zone.

Breaking below 51002-5097 may drive it to 5089-5081

In further weakness Market may see 5064-5052.

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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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