AS it was expecting NF will take support @ 5193. Today Made low @ 5203.15 and after crossing 5234 it was in bang mood went upto 5292.25 and close back to 5251.35 party was spoiled by Natural disaster in Indonesia

Support @ 5234.

Above 5256 it will touch 5278.

If Crosses 5278 with volume then watch rally upto 5338-5348.

Close above 5338 then 5428.

Above chart shows if crosses upper trend line then No trend line  hurdle till 5500

One response to “Nifty Future 12th April 2012.”

  1. smit Avatar
    smit

    Hello Sirji !!!
    S&p bounce back & rite now it is 1370 !!! (not broket 1341) so no worry now !!!
    And as you have mentioned that “IF” Nifty crosses 5338 then it can go upto 5500+ ….so can we make out that if before 17th april (RBI Policy) if Nifty goes above 5338 then it will be sure that RBI will Do a “Rate Cut” and tht’s y charts are showing positive in nifty till 5500??? am i rite with this co-relation?

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