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As mentioned in Chart Nifty future is trading 5850, just watch buyer will act level which is mentioned in chart.
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THOUGHT FOR TODAY
——————————
Take Time To Laugh
Take time to laugh, it is the music of the soul. Take time to think, it is the source of power. Take time to read, it is the fountain of wisdom. Take time to love and be loved, it is a God-given privilege. Take time to work, it is the price of success.
Nifty Future
(Updated on 24-12-2012 at 07.40 AM)
On Friday mentioned break below 5886 would
drag Nifty fut up to 5850.
Nifty fut made low at 5847.40 and closed at 5853.40
Now for Today……….
5879-5885 is a strong hurdle.
Break below 5839 will trigger more downside up
to 5817-5809-5780.
Short term trend is bearish below 5900.
If Sustains above 5885 then rally up to 5911
not ruled out.
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THOUGHT FOR TODAY
Cooking and Eating
Cook and eat with powerful vibrations. By placing great importance on cooking and eating with loving and peaceful vibrations, you will nourish both mind and body.
(Updated on 21-12-2012 at 07.40 AM)
Yesterday written that break below 5930 expect
5915-5895. 5895 is crucial support and Nifty fut
took U turn kissing 5895.10.
Now for Today…
5895-5886 intraday and crucial support
If breaks below 5886 and sustains with
vol then slide up to 5866-5850.
5944-5958 intraday hurdle.
crossover with sustained vol may take 5985-6005
Two consecutive closing below 5866
then correction may extend up to 5805-5780.
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Comparison of Nifty Spot with difference indexes…
Nifty future and Indian VIX with Moving average of Nifty future…which in Sell mode.
NIFTY Daily chart shows a range at the top. Break of the smaller range may lead to a bigger move…
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Nifty Future
(Updated on 20-12-2012 at 08.10 AM)
5956-5963 intraday hurdle.
Crossover with sustained vol and price will boost
the sentiment and confidence.
Expect 5984-6005 above 5973.
5936-5930 intraday support.
5922-5915 Crucial support.
Break below 5910 Expect 5895.
5895-5886 last hope for reversal.
Decisive break below will take 5865-5850
Daily + weekly closing above 6008
will take Nifty fut up to 6200.
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