Nifty Future for Oct 19, 2012 with trend signal

 Nifty Future Calls

(Updated on 19-10-2012 at 07.15 AM)

On 15-10-12 We had written in bold words to buy Nifty fut at 5640-5650

for Target of 5715-5755.

Yesterday mentioned that if NF crosses over 5794

then expect 5718-5754.

Nifty fut made high at 5743.95.

Now for Today…

5717-5706 support zone.

If breaks above 5745-5755 see NF moving up to 5766-5772.

Sustained trading with volumes for 20 minutes above 5776

may drive Nifty fut up to 5815.

Break below 5705 may take NF up to 5696-5682