Free Stock market / Nifty intraday tips

Nifty Future

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Nifty Future

(Updated on 29-08-2012 at 08:00 AM)

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5320-5290 zone is strong support for medium term trend.

short is not advisable near this zone.

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Above 5351 expect 5363-5368.

5368 is intraday hurdle zone.

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Crossover with volumes may confirm uptrend is intact and may

drive it to 5380-5394-5405.

suppose if not sustains and breaks below 5335 then

expect slide 5223.

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Sustained trading below 5318 for 20 minutes

NF will see lower levels at 5302-5294 and consolidations.

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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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