Morning Mantra

Good Morning and wish you a happy trading session…

Above 5710 1^st hurdle is 5716-22--25………

Above 5731 the vital resistance is 5757 ……………….Don‘t remain sort above 5763……..

Cross over above 5763 Nifty Future may run towards 5952/69….6148---6157…within couple of days….

Below 5684 day’s 1^st support is 5670--62 ………

If break 5661 with volume then Nifty Future will direct take support at 5648(5647/5646)…………

Single closing below 5647 Nifty Future will take support at 5626(5627) ----5596(5593)……

Today is the RBI monetary Policy review, Unlikely to see rate cut from RBI today. We expect the volatility to increase, therefore trade with strict stop loss.

More reversal points for our subscribers only.

Kolkata, Bengal. 05:27 AM    30.10.2012