-Yesterday we had written that 5525-5515 are support levels.Just see it kissed 5523 & taken U-turn and went upto 5577.90 level.
-Our Hurdles were @ 5566-5583-5588.
Now ,What to expect ?
-We Don’t change levels everyday if somebody changes then 101% they are Born Fools !
-Now ,While Updating SGX NF trading at 5516 down 47 points !
Yes ,Below 5515 if trades then also it may slide upto 5485-5475
Suppose Breaks 5475 level too then ??
-Panic upto 5443-5433 not ruled out.
Hurdles :5583-5588—-5605—5611.
-No charm @ all in NF Trading.
-By 20th May’11 we see unexpected levels in NF.
Yesterday Nifty Future volume was lowest for Year 2011.
(236389 lots )