Morning Mantra --- Nifty Future

From time to time, active trading (especially in large blocks of securities) has moved away from the 'active' exchanges. Securities firms, led by UBS AG, Goldman Sachs Group Inc. and Credit Suisse Group, already steer 12 percent of U.S. security trades away from the exchanges to their internal systems. That share probably will increase to 18 percent by 2010 as more investment banks bypass the NYSE and NASDAQ and pair buyers and sellers of securities themselves, according to data compiled by Boston-based Aite Group LLC, a brokerage-industry consultant.

Good Morning and Happy Trading.

   Yesterday written about the support level 5086. Nifty Future made low 5078 and close at 5112.

If Nifty Future manage to trade above 5125 then day’s 1^st resistance will be 5134 -- 5137—5140.

If Nifty Future starts to trade above 5140 with volume then next vital resistance will be 5151.

NF may chase 5436 / 39 levels very soon.

Today’s 1^st support is 5086. If Nifty Future breaks this support level then watch 5063 as next support.

Below 5057 what ??? if trade with volume that one thing may happen that is….

.....will create a free fall which may show 5044/42---5036--5027---- fall --- 5017 – fall -  4979 level with in few hours.

Just underline the levels………………

 “End of the week we can see an unexpected level in Nifty Future”

More reversal points for our subscribers only.

05:58 AM 07.26.2012