Free Stock market / Nifty intraday tips

Guesstimate Nifty Spot

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Nifty Spot

(Updated on 13-07-12 Time 07.40 AM)

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Yesterday it penetrated intraday lower

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support at 5292 as it opened gap down.

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It also breached 5263 short term support zone.

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Now for today…….

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Correction seems to be continue and below 5274-5285

zone markets likely to remain under pressure for short term.

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Below 5225 expect 5210-5191.
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But buying support likely to emerge at 5200-5180 levels.
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Trading above 5245 with sustained volumes likely
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to elevate higher at 5262-5279 which is intraday
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hurdle zone.
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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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