June 22, 2012

Nifty Update - 22nd June 2012


Nifty Future daily chart shown above

As we can see, with the yesterday move we are very close to the upper trendline. We closed above 200EMA and below upper trendline.

If market is not able to cross 5180 / 5205, one can go short for target of 5080 around. 

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