Free Stock market / Nifty intraday tips

Nifty Future Weekly/Daily View- Support @ 5520-5514 & Hurdle @ 5551-5555

Bulls-bears 1

Nifty Future

(Updated on 15.04.13 at 07.30 AM)

Yesterday written that below 5565 Market would

favor bears only and would see 5519-5505.

Nifty future moved lower at 5515.10 and closed at 5535.

 

Market Direction for Today………..

Support @ 5520-5514 for intraday.

Crucial zone at 5505-5496.

Chances that market may sustain above 5500 levels are higher.

Hurdle @ 5551-5555

Above 5538 see upside up to 5551-5560.

If trades above 5556-5564 and not breaking below

5538-5527 zone then expect rally up to 5580-5600

If trades below this level then NF may retest 5480-5454.

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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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