Nifty Future

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Nifty Future

(Updated on 05-07-2012 Time 08.10 AM)
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Yesterday we written that below 5313 it might
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test 5390 and above 5320 would take it to 5333-5340.

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NF formed low at 5287.35 and height at 5331.85
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Now for today……

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Again 5333-5340 is intraday hurdle for nifty Future
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It has to take out with sustained up move and volumes.
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If it succeeds then expect 5355-5378-5393.
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If trades below 5312-5300 it will drive it lower to
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5290-5270.
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5260-5285 zone is short term support.

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