Tuesday 15 May 2012

NF Fut 16-May

Xpert Nifty
16-May

Yesterday we have seen a very nice movement towards +ve side which indicates some short covering.
But Still we believe that the trend in -ve only and the support is only coming around 4800.

But still to watch 4900-4990 level.

Trend   =  Down OR -Ve
Res.     =  4990
Sup      =  4800 - 4700

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NF Fut 15-MAy

Xpert Nifty
15-MAY

Since 2-may (5240) we are saying that the trend in nifty has turned to -ve. now saying again trend is again.
Initial TG of Xpert Nifty is 4800-4600.
Dont ever think of buying any stock or future els. you would cry like anything.

Trend.     =  Down OR -ve
Res.        =  4950-5020
SUP.        =  4805
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