July 11, 2012

Nifty Update - 11th July 2012


Nifty Future daily chart shown above from Oct'10

It shows a TL from top of Oct'10 and one made in Feb'12. Resistance around 5420 area.


Nifty Future daily chart from Sep'11. It seems Breakout finally happened for upmove.

Long position holders should be ready to exit long positions around 5400-5420 and sit in cash.

stop loss 5320

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