Nifty Future for Oct 19, 2012 with trend signal

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 Nifty Future

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

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On 15-10-12 We boldly written to buy Nifty fut at 5640-5650

for Target of 5715-5755.

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Yesterday mentioned that if NF crosses over 5794

then expect 5718-5754.

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Nifty fut made high at 5743.95.

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Now for Today…….

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5717-5706 support zone.

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

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Sustained trading with volumes for 20 minutes above 5776

may drive Nifty fut up to 5815.

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Break below 5705 may take NF up to 5696-5682

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