Free Stock market / Nifty intraday tips

Nifty Future

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Nifty Future
(Updated on 23-08-2012 at 08.00 am)

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Nifty fut staged sharp recovery after opening

weak as written here and formed low at 5405.

Going ahed gradually started itching upward to kiss 5454.

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We yesterday boldly written that NF would touch 5414-5405 and

and 5451-5459 is hurdle zone and after touching

5454, gain wiped off sharply.

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Now for today…………

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5405-5412 is intraday support zone.

Above 5388 short term trend bullish.

Crossover 5437-5442 may push it higher at 5459.

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If sustains above 5459 with volumes for 15

minutes then expect 5468-5484.

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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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