Nifty Future
(Updated on 22-08-2012 at 08.17 am)
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.
NF moved up to 5447 and closed at 5442.
Now for today…
Below 5424-5414 intraday support zone.
If trades below 5405 with volumes for 15-20 minutes then expect
slide up to 5385-5374.
5392-5374 is strong support zone for the short term trend.
5451-5459 is hurdle zone.
Breakout above this zone NF may see 5467-5488.
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