Xpert Nifty
3-Jan-2013
Yesterday we have seen that in 1st half of market NF moves up around 30-45 pts and made high near 6408 and in 2nd half market fall sharply and many traders has lost HUGE money.
After strong up move from 6000-6200 NF Fut touched 6400 level and coming back to near 6201 level which today Day's low as of now.
Yesterday it has given +ve side breakout and near hurdle was psychological even number 6600, which was XN target in short term, but yesterday we have proven wrong by Market.
We know that we cannot be right all the time and such mistakes should not be taken seriously by traders too. all we can say is LEARN from SUCH MARKET and move ahead and prepare for FUTURE.
Now IF NF Fut breaks and sustain below 6000 mark then till March we may see 5700 level.
For intraday trader and small term traders we believe that again NF Fut may come down to test 6000 support mark in immediate RUN.
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Team Xpert Nifty
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