Wednesday, July 04, 2012

Morning Mantra --Nifty Future



Technical Analysis (Pure Technical Analysis) never deals with ratios, earnings or sectors. Mid half of 19th century gave much more importance to technical analysis. Though the ultimate goal is to find the future price, lot of difference involved when compared with fundamental analysis.


Good Morning and Happy Trading.



Today’s 1st resistance is 5335. If NF able to breach this level with volume then next tough hurdle is 5350—5356. Above this zone we may witness 5371—5436 next Bull zone.






Today’s 1st support is 5258. Below this level 5227-5226-5225 will act as vital support.

More reversal points for our subscribers only.





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