Nifty Future 21-2-2012

Nifty Future 21-2-2012

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“GOOD MORNING”

Letting Go
It is a sign of wisdom(Knowledge) to be able to set goals and then, having done so, to let them go. All that is required for success is a sense of seeing of the Destination. The drive itself will show the ways to take you there.

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Concentrate on  5584-5609

If trade 5614 above, then Throw your short

Sell can be see point on Concentrate level

Targets will 5556-5548 and 5513-5521

Support Trade below 5530 for 10-15 minutes…this will fall for 5496-5489

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• Sensex is trading at Resistance on weekly chart
• Rupee opens at 49.29 per dollar

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Just Check out below Term for you

• What is Repo Rate ?
• What is CRR ? (Cash Reserve Ration)

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SPOT Nifty SCENARIO

LAST (17/02) CLOSED @5564 (+43 POINTS)

LAST HIGH@5606 LOW@5545
WEEKLY HIGH@5606 LOW@5322

Spot Nifty: If Nifty is held below 5600, then the red label would assert itself.

5DMA@5485
20DMA@5299
50DMA@4980
200DMA@5179

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 HINDALCO Future

Sell 155.3-154

Go for targets 150-148.5

and More 144

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