Wednesday 9 May 2012

NF Fut 09-MAY




















Xpert Nifty
09-MAY

Yesterday we have seen that all the gains based of GAAR News has been wipe out.
Technically this formation is called bulls trap.

I am saying from 5240 that the trend is -ve and remain short also the same we have said on 07-MAY (refer earlier blog for proof) Still i am saying strong support coming around 4800.

Trend  = -ve
Res.    =  5150-5220
Sup.    =  4900-4800

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