Friday, August 24, 2012

Nifty Future 24th August


Bears Have Attacked Ferociously

Yesterday NF exactly from high 5462.95 slide to low 5403.15
& close 5427.15

Yesterday Short Given @ 5450 With SL-5465
ALL TARGETS ACHIEVED 5430-5415-5402

Enjoy !!!

Now, What To Expect ?

As written yesterday NF below 5465 touched 5402

Today NF  Below 5402 will touch 5380-5366-5340
Major Support @ 5325

Intra Hurdle @ 5415-5430 levels above it again see
5465-5473


Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.
Ron Chernow

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