Tuesday, 14 August 2012

Nifty Future Update 14-Aug

































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Xpert Nifty
14-Aug

Yesterday we have seen NF shown a good bull's power and after 1:00 PM gained over 40 pts.
As we are saying that trend is +ve only as long as its holding 5294 level.

BUT upper side midterm resistance 5395-5403 is still intact. if NF fut try to cross and close above this mark then we will see fresh buying with logical Target of 5598-5630

Intraday Support 5323-5294
Intraday Resistance 5395-5403

**Our Position**
NIFTY                  we buy 5215,LTP=5370)
BANK NIFTY      we sell 10,494, LTP=10,460)
SBIN                     we sell 2042, LTP=1917)

WeB:- www.XpertNifty.in