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.

From last 2 days taking about   

then what happened???

Our lower target levels were 5042—5036—5027. Nifty Future made low 5034 and closed at 5043…………

If Nifty Future able to sustain above 5058 (not touching yesterday’s low ) then vital resistance for the day will be 5069—5072.

If Nifty Future starts to trade above 5081 with volume then next hurdle will be 5105 and LOC (line of Control) will be 5125.

Single closing above 5125 will zoom Nifty Future towards 5151---5191—5231

NF may chase 5436 / 39 levels very soon.

Today’s 1^st support is 5025/22---5017.

Below 5017 crucial support for the day is 5001. if break 5000 level and stay below this level then very very vital support is 4979.

More reversal points for our subscribers only.

06:03 AM 07.27.2012