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Friday, August 17, 2012

NIFTY FUTURE - - Hurdl e at 5417.Support at 5369-5363 - - AUG 17TH

 
-As Expected from Last 2 days…………Not able to cross 5417 level !!
Yes ,Real Strenth above 5417 level only and there after will face Major Hurdle  at 5472 (will act as Laxman Rekha )
Yesterday kissed 5410 ,Intraday fallen upto 5376 & closed at 5382 
(with lowest volume recorded of this year )
 Today ,Will face Hurdle at 5402.Crossover with volumes and sustain above this level then Our Hurdle at 5417
There after 5439-5457………………Not ruled out.
Laxman Rekha @ 5472
Support at 5369-5363.If Breaks both levels then slide upto 5345-5339 is possible.
Three Consecutive close above 5472+Weekly close above this level will take to 5635-5690 level !!
-Will Update More to our Subscribers …..During Trading Hrs.