May 25, 2012

Nifty Update - 25th May 2012


Nifty Future charts on daily timescale shown above

We had a good upmove yesterday. Seems like 4785 a good support levels for few days on nifty future

Immediate levels to watch out - 4921 and 4950. Above these levels we can move up for 50-80 points on nifty 

Let market decide the trend and top (for shorting --??) before taking a position. Till that point one can look at stock specific movements.

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