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Friday, August 31, 2012

NIFTY FUTURE - - Major Support @ 5249-5222.Laxman Rekh @ 5472 - - AUG 31ST


-Nifty Future ,Was not able to cross 5472 level.It kissed 5463 & Crashed Vertically.
-We had Boldly written :Below 5329 level….It will slide to kiss 5249-5222 level (Just see ,Yesterday kissed 5259 level and taken U -turn )
-Yes ,All above Happened in last 6 sessions only-
Last Close :5330
Above 5323 level…………….If trades for 15 minutes or more then ???
Rally upto 5361——–5374 not ruled out.
7DEMA @ 5347 will act as Strong Hurdle.
Today’s Support @ 5310.Decisive Break with volumes will create more panic upto 5292—5274 level.
5249————–5222 are Major Support levels.If anything goes wrong and if breaks and closes below 5222 then Nonstop slide upto 5140-5113 not ruled out.
-More Details ,Intraday levels to our Subscribers.