Tuesday, August 21, 2012

Nifty Future 21st August


Testing Times Ahead For Nifty
&
For Traders Too

NF on Friday gave a royal flush to get weak traders out
where professional traders flush out weak traders .
NF has given three consecutive close above 5382
which clearly suggests sustained demand in markets.
But market has to decisively close above 5428 for any 
further upmove till 5540-5630 till expiry.

In Testing Times Be A
Realist 

NF has closed @ 5382 for 3 consecutive times
NF Imp Intra Support @ 5382
Below it NF will touch 5340-5325
Major Support @ 5325

NF above 5402 will touch 5428
Breaks 5428 then see 5455-5465
Crucial Hurdle @ 5465

No Problem for Bulls Above 5382


Have A Good Day
&
A Great Week Ahead
 

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