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You will be see profit booking 5387-5409 (Cash NSE Index)
You wil get down fall 67-92 points easily…
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Suppose to crossover 5409 the, free for 5445-5478, therefor throw your short position
(Updated on 11-09-2012 at 07:25 AM)
Yesterday mentione that crossover 5386 would take higher.
Nf formed high at 5386.70
We also indicated below 5368 it would see 5352.
It touched low of 5358.50
Now for Today…
Break below 5352 expect slide up to 5338.
If trades below 5338 for 15 minutes NF will
extend correction up to 5328-5311.
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As written on Friday that NF would touch 5399.
See during special session on Saturday it kissed 5389.60
Now for Today.
crossover 5386 see rally up to 5497-5407.
5373-5368 zone is intraday support zone.
If trades below 5366 then likely to retrace up to 5352.
5352-5347 is also good support zone for intraday.
Strong bullish trend above 5315.
If trades above 5414 with sustained volumes
for 15-20 minutes then see blast up to 5436-5452-5473.
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Nifty Future
(Updated on 07-09-2012 at 07:30 AM)
As written that 5244-5238 is good intraday support.
Nifty fut just kissed the low of 5237 and took U turn.
Crossover 5384 will take NF to 5302-5314
If sustains above 5318 NF will move up to 5336-5348
Daily + Weekly closing above 5310 will set the
stage fresh uptrend upto 5399.
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Nifty Future
(Updated on 06-09-2012 at 08:10 AM)
We yesterday written below 5251
might move down to 5238.
Nifty fut formed low at 5240.
5244-5238 is intraday support zone.
Break below 5233 may drive even lower at 5223-5210-5197.
Crossover above 5265 with sustained volumes
may elevate NF up to 5275.
5278-5289 is strong hurdle zone.
Closing below 5197 may cause panic and
drift NF lower up to 5160-5136.
5210-5197 is strong support zone.
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Nifty Future
(Updated on 05-09-2012 at 08:10 AM)
As mentioned yesterday Nf has support at 5256 and
resistance at 5310.
NF took U turn from the low of 5258 and then itched up at 5205.
Now for today…
5285-5279 zone is intraday support zone.
If sustaines above 5297 and crossover 5308 then expect
rally up to 5320-5328 which is hurdle zone.
Break below 5272 may drive lower up to 5263-5256.
IF trades below 5251 with sustained volumes then
expect panic selling up to 5238-5228-5210.
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