Free Stock market / Nifty intraday tips

Nifty Future on Oct 18, 2012

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Nifty Future

(Updated on 18-10-2012 at 07.15 AM)

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Yesterday written that crossover above 5662-5673

would take NF to 5698.

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We also mentioned 5628-5639 is strong support zone for short term.

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Nifty future made high at 5694 and low at 5645.55

and closed at 5669.50

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Now for Today………

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Crossover 5688-5694 may take NF to 5707-5718.

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.5726-5736 is strong hurdle zone for intraday.

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crossover it and if sustains with volumes then expect 5754-5768.

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5628-5639 looks good support for short term trend.

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If break 5628 and sustains for 20 minutes the

see panic up to 5605-5592.

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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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