Tuesday, July 10, 2012

Nifty Future 10th July


Nifty Sailing In Rough Waters
Better Sail With The Wind

Yesterday NF from high of 5318 below 5310 went to our levels 
5256-5270 made low exactly at midpoint 5263 & close 5279.40.

What To Expect ?

NF trading in crucial range of 5256-5310
Today NF above 5310 will go on for 5338
Above 5338 see 5357-5382
Below 5270-56 NF will go for 5234-5193.
Major Support @ 5193.

Following Chart Explains IMP levels for NF :



   
The Range of 5270-56 to 5293-5310 will be choppy range
Breaking one of the above NF will get a clear trend.
In these range take small profits & losses.
Breaking either 5256 or 5310 will give a clearer trend.

Have A Good Day

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