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Friday, April 20, 2012

NIFTY FUTURE - - Support at 5320-5309.Hurdle at 5361-5385 - - APRIL 20TH

-Yesterday ,Again Boldly written 5308-5361 are Trend Deciders.
It made low of 5312 & taken U-turn.
-Then whole day it tried to cross 5261 with volumes………..
but in last 5 minutes it kissed 5366 & closed at 5356 level.
-Last Close :5356
-Do u Know :Yesterday NF Volume was lowest of last 9 sessions.
Today ,Not crossing High of Yesterday i.e 5366 
& Trades below 5355 with volumes (stays for 15 minutes ) 
will take to 5320-5309 level !!
7DEMA @ 5305.
-Below 5305 if sustains with volumes then slide upto 5274-5263 not ruled out.
Hurdle @ 5361…..101% it should sustain above this level then only will show power.
Above 5361,Hurdle at 5385 (Watch falling Trendline )…………..
There after 5416 …we are writing from last 4 days !!
-More Details ,Intraday levels to our Subscribers…………..
But it looks ,Today’s Closing will DECIDE we are going towards 5600 or 4900 level.

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