Friday, June 22, 2012

Morning Updates


Good Morning and Happy Trading.

Do you know yesterday Dow was down by 263 points and close at (-250) points, down by 1.96%. 0640 am.

Today’s 1st support is 5130 after that 5112. Today 5156 will act a vital role. If NF start to trade below 5094 then watch carefully 5086 (200 DMA), 06:40 am

200 DMA will act as very vital support for today and coming days. If NF close below 5086 then next vital support zone will be 4982---4975--4967. 06:40 am

Today’s vital resistance is 5202... Above this level if NF trade with volume then will face tough resistance at 5232 (the LOC at Kargil). 06:40 am




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