Free Stock market / Nifty intraday tips

Nifty Future

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Nifty Future
(Updated on 22-08-2012 at 08.17 am)

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Yesterday market shown quite strong trend and we indicated

above 5391 would see 5421-5426 and crossover may drive nf even

higher at 5444-5467.

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NF moved up to 5447 and closed at 5442.

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Now for today……….

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Below 5424-5414 intraday support zone.

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If trades below 5405 with volumes for 15-20 minutes then expect

slide up to 5385-5374.

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5392-5374 is strong support zone for the short term trend.

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5451-5459 is hurdle zone.

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Breakout above this zone NF may see 5467-5488.

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More details to our subscribers

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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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