Tuesday, July 3, 2012

Nifty Future 3rd July

Into the Web of
The Amazing Nifty

Yesterday NF again taking resistance @ 5310 went to low 5278.15
then from went on to give high 5324.90 and close 5295.60.
Note : NF spot made high of 5302.15 which is 61.8% retracement from low of 4770.15.
So today if spot crosses 5302 then expect rally to continue upwards.

Now, What To Expect ?

As said above NF above 5256 will touch 5338.
If break 5338 then NF will go on for 5355- 5382
Above it 5415.

NF Intra support @ 5270
Major Supports @ 5256-5234-5183 respectively .

NF if close above 5415 major breakout for Indian Markets

“A trader should have no opinion. The stronger your opinion, the harder it is to get out of a losing position.”
-Paul Rotter

Have a Good Day


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