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Nifty Futures
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(Updated on 20-06-2012 Time 08.30 AM)
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Again market has shown strength in area of multiple barriers
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and try to crossover.
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As written yesterday above 5081 and crossover would take
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it to 5120-5138. Yesterday it went up to 5120.90.
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Now for today……………
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Crossing over 5120-5124 area
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will quickly drive it to 5136-5169.
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if breaks 5088 and sustains with volumes for 10-15 minutes
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then expect again 5073-5045 levels.
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Again reiterate that avoid long position above 5181-5199 area
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and stay comfortably cool.
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