Nifty Future

Nifty Future

(Updated on 09-08-12 Time 07.40 AM)

Yesterday we had written above 5352 NF would touch 5370

and if maintain above this level the we would see 5382

and then 5396in more upside.

Crossover above 5365 expect rally up to 5372-5372 levels.

In more strength 5396 not ruled out.

If breaks 5342 with volumes then slide up to 5329-5323.

If breaks below 5320 with volumes then see 5300

where it may find support.

Slide up to 5282-5376 in more panic.

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Is this the rally… Nifty? S&P 500 Index

rally-end-sp-500-index

Enough fireworks to chase away many retail investors. Equity fund outflows have been heavy, the highest in two years. Yet the S&P 500 is also up nearly 11% from its June low and is now pushing over the 1,400 level for the first time since late April.

Now the question is: Will it last? And where should investors arriving late to the party focus their attention?

  • The economy is in poor shape with GDP growth slowing to just 1.5% in the second quarter.
  • The unemployment creeping back up to 8.3% last month.
  • Stocks and risky assets — especially commodities — have been moving higher over the last few days

nifty-future

Do you also Think for same in Nifty? Yes, you will see very soon… To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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Nifty Future

Nifty Future

(Updated on 08-08-12 Time 07.40 AM)

Yesterday we indicated that above 5305 NF might touch

5370 and we added long after it successfully

cleared 5330-5340 hurdle zone.

Yesterday it touched high at 5367.

Now for Today…

Trading above 5352 may drive it to 5370.

Sustained trading above 5370 with volumes may

take it to 5382- 5396-5426.

5320-5300 is strong support for short term trend.

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Nifty Future

Nifty Future

(Updated on 07-08-12 Time 07.40 AM)

5280-5286 zone is intraday support.

Crossover 5305-5310 will take it to 5325-5336

5330-5340 is hurdle zone.

Below 5280 slide up to 5268-5262.

5255-5036 strong support for short term trend.

Two close above 5305 will elevate NF to 5370-5396-5426

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Nifty Future

Nifty Future

(Updated on 03-08-12 Time 08.20 AM)

Below 5215 it may slide up to 5200-5192

5250-5265 is intraday resistance.

Below 5192 if sustains with volumes it may go down

up to 5181-5165 in panic sell off.

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