Nifty Futures Calls
(Updated on 15-06-2012 Time 08.30 AM)
We indicated several times for last 3 sessions that markets are in
strong resistance area.
Crossover this zone to continue bullish trend is quite difficult
and path of multiple barriers.
Bearing this in mind we advised to remain with comfortable long
position and to trade short identifying opportunities.
We took this opportunity to go short and trades accordingly yesterday.
Now for today…
5079 is intraday hurdle and crossing over with volume may drive it
to 5095-5117-5135.
If trades below 5040 with volumes may take it to 5022-5006 zone which
may act as intraday support and intraday reversal.
Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips
Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips
If you have any questions or concerns about the stock market, don’t hesitate to contact me:
- Email: [email protected]
- Phone: +91 903 386 2706
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
