Morning Mantra

Good Night and happy trading tomorrow.

Yesterday we have written that if Nifty Future fail to cross 5420 then may take support at 5351.Today on Twitter (at 12:34 pm) mention next support is 5359/51. Nifty Future made low 5358(at 15:09pm).

This is call high level of accuracy…………

Tomorrow above 5382 Nifty Future will face resistance at 5391—5403………….

If cross 5403 with volume then will face hurdle at 5422.

Now 5463 will act as very tough resistance…if cross with volume then 5484/87>5492>5512/24>5536 will act as resistance…………..

Tomorrow 5357 will act as crucial support, if Nifty Future open below this level or just after open break the level then 5348—5339---5316 will act as next support.…………

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

 Just read twice and try to understand before start your trading:

(i)                        Are we very close to the Top???

(ii)                     Next two trading days (Tuesday—Wednesday) is very vital for Indian Market.

(iii)                   Above 5463 the next nominal hurdle is 5484/87, after that 5512---5524/25—5536/39---5545/55--5577 is very tough hurdle……

(iv)                   5351 is very very crucial support.

Some funtoosh copying our levels continuously and using them at their sites, that is the reason we are posting previous night.

More reversal points for our subscribers only.

Kolkata, Bengal. 21:03 // 27.08.2012