Morning Mantra .... Nifty Future

Fundamental analysis can not be applied to day trading as they can not influence minor time periods but that’s all not the case with technical analysis. Different charts and charting software provide wide range of technical studies like indicators, overlays, oscillators etc. Using the said instruments, traders can analyze markets for intraday.

***   “If NF able to breach this level with volume and stay above 5296--5303 minimum 45 minutes then total move will change”

-06:32 AM. 07.10.2012.

What happened you know very well………..

   Good Morning and Happy Trading.

Today’s 1^st resistance is 5369--5372. If NF able to breach this level with volume and stay above this zone we may witness 5436 / 39 –5476/79 levels very soon. 

                                                                                                                 

Today’s 1^st support is 5344—5338—5332. Below this level 5321/5320 / 5314 will be vital supports.

If before making high of 5369/72 Nifty Future break 5321 / 20 level then 5302 will be very vital level for coming trading sessions.

More reversal points for our subscribers only.

Kolkata, 06:32 AM 07.11.2012