NF had made high 5670.10 on 17th sept  is Hurdle now .

yesterday Nifty Future made high @ 5631.65.  & went lower upto 5601.20 and Close @ 5612.25

Hurdle @ 5680.

Below 5595 watch slide upto 5530-5520.

Close below 5520 then watch  5454-5382.

Note: 

1. From low 4538 exactly 270 days completed on 17th sept which is ( cardinal point) strong Hurdle – so in my words its impossible  to cross 5670.10 high and correction must come upto 29 October 2012 with minimum(Price) 5373 maximum(price 5280).  ( 45* 8.6666=390, so 5670-390= 5280)

2. From low 4538  above 5234 Bull will remain intact and NF will touch 5922  till 29th October 2012 (314*4.4170=  1387, So 4538+1387= 5925) If Fails then it will touch 6034 till 23rd December 2012.  

Trinamool Congress, the second biggest constituent of the UPA, on Tuesday dealt a major blow to the Manmohan Singh government when it decided to withdraw support on the issue of FDI in retail, diesel price hike, cap on subsidised LPG cylinders and corruption.

Im expecting Nifty future will remain bullish till end of Year & Government of India is safe Till January 2013

No major impact on decision of  Trinamool Congress chief Mamata Banerjee