Nifty Future

Date 03.05.12

Nifty Future

(Updated Time 9.05 am)

we are long from 5158 and moved to 5301

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We had written yesterday for Nifty Future to run up to 5309 – 5321. It travelled up to 5301.70

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reversed to wipe out the morning gain since it didnt sustain at higher levels…..

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Now What for Today………….

Trading above 5266 will keep the spirit high for the bulls.

This point may push Nifty Future to 5300and  5312

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5224-5238 are the key intraday zone

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Failing to sustain above may cause change direction to 5171-5155-5129.