USDINR-Spot stoploss 56.13-56.25…Sell USD.NSE Traders watch 55.975 level very carefully.Unexpected Selling from RBI or xxx to start anymoment ?

 

We see 56.13 & 56.25 Major Hurdles !!

We think 56.25 SPot will act as laxman REKHA.

Sell if u can ,Stoploss 56.13 on Closing basis and 56.25 for Intraday Traders.

NSE Traders ,If not crosses High of 56.2650

& Trades below 55.9750 and stays for 15-20 minutes then ????????????

Slide upto 55.7037–55.6137 & there after watch more PANIC.

NIFTY FUTURE - - Support at 4811-4800.Hurdle at 4864-4884-4891.Our Ultimate Tgt on Downside 4470-4300 level…U need Patience - - 23 May 2012

Buy Nifty Future above 4874 - 4905 - 4970 - 5015 SL - 4858

Sell Nifty Future below 4834 - 4805 - 4765 - 4700 SL - 4873

Nifty coming days

NIFTY - CHANGES HAVE BEEN MARKED IN YELLOW
Time	Target	Trend	Reversal	Trend Implication
SHORT TERM	4970-5030	UP	4837	1-5 Days

Nifty completed waves a and b and c up should be pending. 

Todays low is wave b at 61.8% retracement of wave a and c up to 5030 might be pending as long
as we are above the recent low.
As long 4837 not broken on closing basis still chances of going up