Nifty Spot
(Updated on 13-07-12 Time 07.40 AM)
Yesterday it penetrated intraday lower
support at 5292 as it opened gap down.
It also breached 5263 short term support zone.
Now for today…
Correction seems to be continue and below 5274-5285
Zone markets likely to remain under pressure for short term.
Below 5225 expect 5210-5191.
But buying support likely to emerge at 5200-5180 levels.
Trading above 5245 with sustained volumes likely
to elevate higher at 5262-5279 which is intraday
hurdle zone.
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