nifty intraday tips

THOUGHT FOR TODAY

Resource Full

We each have the three energies we need to learn to manage – spirit, mind and body. All three need a good diet – body needs pure food (vegetarian), your mind needs positive ideas and images, and the spirit that you are needs time in silence and stillness to refresh and renew. These are our resources, and each one needs topping up, otherwise we run on empty and dis – ease comes to visit. But diet is just the beginning. Coming soon… exercise!.

Nifty Futures Tips

(Updated on 19-06-2012 Time 08.40 AM)  

We have reiterated repeatedly and written that markets were in

strong hurdle zone. Moving up in sustained manner would not be

possible in this path of great resistance.

We also advised to remain light with comfortable long position

and went short Nifty Future at higher levels and enjoyed free fall.

Now for Today…

Hurdles are at 5081 if trades above with good volumes and sustain

then will gain strength and try to move up to 5120-5138.

5045-5029 are intraday support and below which it may extend the

fall up to 5007-4990.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Nifty Futures Calls

(Updated on 15-06-2012 Time 08.30 AM)

We indicated several times for last 3 sessions that markets are in

strong resistance area.

Crossover this zone to continue bullish trend is quite difficult

and path of multiple barriers.

Bearing this in mind we advised to remain with comfortable long

position and to trade short identifying opportunities.

We took this opportunity to go short and trades accordingly yesterday.

Now for today…

5079 is intraday hurdle and crossing over with volume may drive it

to 5095-5117-5135.

If trades below 5040 with volumes may take it to 5022-5006 zone which

may act as intraday support and intraday reversal.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.