Though there are many inputs, some of
important potential inputs are cash flow, cash on hand, current ratio,
earnings, market share, price/book value, price/earnings, revenues etc. As
always, there are strengths as well weaknesses when considering fundamental
analysis.
Good Morning and Happy Trading.
A. sent to our clients on Thursday at 02:10 pm to sort Nifty Future
around 5355, at last half an hour NF made high 5354.50. Booked profit at 5305
on Friday.
B. On Friday at 09:45 am sms was sent to our clients to sort Nifty
Future at 5338, NF went upto 5340 and crashed vertically to 5308.
Today’s
1st resistance is 5345. If NF able to breach this level with volume and
stay above 5360 then next hurdles are 5370 to 5376. Above this zone we may
witness 5436 + levels in next Bull zone.
Today’s
1st support is 5306--5300. If NF able to break this level with volume then
next nominal support is 5296. Below 5296 the crucial support will be 5278 ---
5272---5262. The deadline of Bulls will be 5235---5226.
More reversal points for our
subscribers only.
Kolkata, 06:32 AM 07.09.2012
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