July 09, 2012

Nifty Update - 9th July 2012


Nifty Future weekly charts above

It seems we are moving up for last 2 weeks. This is the deciding week for the next move. Is 5354 is the immediate top in place, yet to be seen


Nifty Future Daily chart above

On daily scale, it seems market has some upmove left it it is able to sustain above 5260 as mentioend in earlier posts

Traders holding longs be cautious and keep 5260 as stop loss, target is 5400 arnd

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