Free Stock market / Nifty intraday tips

Nifty Futures

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Nifty Futures

(Updated on 28-06-2012 Time 09.00 AM)
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Session was quite range bound and boring.
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Formed high at 5160 as against our projected level at 5159
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NF remained rangebound projected level at 5159 hence provided
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no clue for either direction for intraday
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Now for Today……….
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Today being the expiry day for the June 12 series expected
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to be volatile
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No worry for bulls above 5135-5130.
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Crossingover above 5155  with volume for 15 minutes
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will trigger more upside up to 5165-5176-5195.
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Trading below 5122 may drive it to 5105-5100.
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5096-5089 is good support.
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Breakout below 5089 will unfold lower levels upto 5075-5066
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range
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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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