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6010 is Laxman Rekha-Three Consecutive close above this level +Weekly close above this level will take to 6349-6462 level.
Our Crucial Support at 5863.Break & Close below this level for 2 Days……….Nonstop Slide upto 5779-5751 level very soon.
Yesterday’s Nifty Future Volume was -Lowest of this YEAR and We had never seen this volume figure in last 10 years !!
At the Peak…….Volumes had dried up ?Is it Good Sign ???
Student of Technical Analysts…Check out the Books.
(But
here in India…Market is Controlled by Fii’s (now total 1749 ) on One
Side and another side Mutual Funds +Company Circle +Insiders + Media
+Retail Traders.Think Who will Win ?
5933—————-5941
are Hurdles.Crossover above 5941 with volumes and should stay above
this level for 15-20 minutes will take to 5967-5975 level.
Major Support @ 5863 ,Break with volumes will create Unexpected Selloff in MARKET.
Close below 5863 will take to 5779—5751 level.
Today’s Minor Support @ 5852—5833 level.
Today will see Unexpected level in Nifty Future…………..
Intraday PANIC or Jump will create Short Term Bottom or Top ?
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