Thursday 6 September 2012

Nifty Future Update 6-Sep


Xpert Nifty
6-Sep

Heavy Downtrend again seen in  last trading session and for today NF must sustain below 5222 to continue this fall.
As NF is trading near short term trend line we may see some support and NF may move up.

Resistance remains near 5320-5340 area.

Xpert Nifty
Latest Performance
1# NIFTY SELL 5382 LTP 5251 = Gain  131 pt
2# BANK NF SELL 10,478 LTP 9,909 = Gain 569 pt


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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the scrip.
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