(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
We traded long from 5085 and booked handsome intraday
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.