Free Stock market / Nifty intraday tips

Nifty Futures Signals: Breakout or Skyrocket?

nifty future calls

Nifty Futures Tips

(Updated on 28-06-2012 Time 09.00 AM)

The session was quite range bound and boring.

Formed high at 5160 as against our projected level at 5159

NF remained range bound projected level at 5159 hence provided

no clue for either direction for intraday

Now for Today…

Today being the expiry day for the June 12 series expected

to be volatile

No worry for bulls above 5135-5130.

Crossing over above 5155  with volume for 15 minutes

will trigger more upside up to 5165-5176-5195.

Trading below 5122 may drive it to 5105-5100.

5096-5089 is good support.

Breakout below 5089 will unfold lower levels upto 5075-5066 range

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