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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