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Nifty Future 4th June 2012.

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From low 4667.45 my minimum target was 5034 with  minimum up move date 4 June,  already mention Before .

NF made high @ 5011.30 taken reversal

Friday NF open below 4950 which was surprise and after breaking 4907 -4970 it was all around panic  NF made low @ 4815  and closed@ 4824.55.

Below 4855 NF will slide upto 4770-4732.

2 Close below 4770 then NF will move towards 4498.

IF not  Break 4732 and Trade above 4770 after 12.15 pm  then ?

 Note:

If NF makes new low on 4th June then it is valid for uturn Till 19th june –  3rd July2012. (NF have to hold that low)

2 responses to “Nifty Future 4th June 2012.”

  1. smit Avatar
    smit

    Sir,,,What Can Be Worst Case Scenario…Nifty is breaking all lows…4800 then 4700 then 4500 !!! Which Level Can BE The LAST & ULTIMATE SUPPORT ??? Waiting For That Day When It Make a Good Durbale Bottom Which After Hitting Never Comes Back & Starts The Journey Till 2016 The Biggest Bull Run 🙂

    Reply
  2. dharmendra007 Avatar
    dharmendra007

    Dear Smit,
    I think in between 3500-3700 may be LAST & ULTIMATE support and bull rally can not start for long term without filling election gap. This is good chance for nifty to fill the gap. And new bull rally may be start from 13th-NOV-2012.
    .
    Regards,
    DHARMENDRA

    Reply

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Ravi Chauhan

Trader & Investor in Global Asset Classes

“Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics”.

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