Morning Mantra

Good Night and happy trading tomorrow.

On Tuesday night written Wednesday Nifty Future will face resistance at 5454…today NF made high 5454 and take a sharp down move.

Written Nifty Future will face support at 5407….made low 5405…..

This is  technical analysis…………

Tomorrow if Nifty Future start to trade above 5454 then will face resistance levels: 5463/64/66/68…………….

Above 5468 the next hurdle will be 5478—5490.

By turn three closes above 5466 may pick Nifty Future towards 5502---5564---5570 level…………. (16^th August’2012)

 Tomorrow vital support is 5414…………if break this level with volume then …………

Next vital support is 5383/5377.

If Nifty Future stays below this level minimum half an hour or close below this level……we may witness 5272/5269 level very soon. 

More reversal points for our subscribers only.

Kolkata, Bengal. 20:48 // 22.08.2012