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(Updated on 01-10-2012 at 07.16 AM)
As indicated Nifty Fut caught fire above 5670
and moved up by almost 90 points.
We also written that Nifty spot would face resistance at 5730.
Nifty spot made high at 5735 and retraced.
Now for Today…
Nifty Futures
5716-5695 support zone for intraday.
Sustained Trading above 5742 will spark
strong rally up to 5771-5784.
If trades below 5690 slide up to 5674 not ruled out.
5680-5665 storng support zone for short term trend.
3 Daily + Weekly closing for NIFty Future above 5770 See blast and Nifty
moving higher up to 5935-5988.
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Nifty Futures Calls
(Updated on 28-09-2012 at 07.50 AM)
Yesterday mentioned that crossover 5675 NF Sept Series
would touch 5700 and 5643-5636 is strong support zone.
Just see the NF Sept series made high at 5700 and low at 5644.
Now for Today
Nifty spot
Closing Price = 5649.50
5643-5636 strong support for short term trend.
Cross 5662-5670 zone will elevate Nifty to 5690-5703.
Daily + Weekly closing above 5725-5730 See blast and
Nifty moving higher up to 5780-5835.
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(Updated on 27-09-2012 at 07.30 PM)
Yesterday written below 5660 NF would kiss 5643.
NF made low at 5643.60.
Now What to expect…
5675-5682 is hurdle zone.
Crossover will take it to 5700-5708.
5443-5636 Support zone for short term trend.
Break below 5629 slide up to 5610.
Daily + Weekly closing below 5617
will drage even lower to 5595-5551.
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