Thursday 3 May 2012

NF Fut 03-MAY
























Xpert Nifty
03-MAY

We have seen a sharp fall yesterday after giving false breakout of 5300. Looking to chart we can expect that NF will soon give a down side breakout and the down trend will continue till 5200-5000.

However 5180 could be the next strong support to watch.

Trend   =  Consolidation to -ve
Res.     =  5300
Sup.     =  5200-5180

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