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Friday, April 12, 2013

NIFTY FUTURE - - Hurdle at 5631,Laxman Rekha 5644. - - APRIL 12TH

Last Close : 5594.80
Minor Hurdle at 5622——————–5631 level for Traders.
5644
Crossover and close above this level with volumes will take to 5699—————–5717 level !!
-GAP @ 5666 has to be filled ,Will it fall and Fall or will rally to kiss 5700 level ??
Today’s Support levels :5584———-5575.Break below 5575 will take to 5550—5542 !!
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Daily Chart Indicators favouring Bulls for time being ,But Weekly & Monthly chart…………101% Bearish !!
Maximum upmove upto 5700 -Neckline Retest can happen.But over all picture looking very very scary !!
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