Sunday, April 1, 2012

NIFTY OUTLOOK 2/04/2012

NIFTY FUT CLOSED AT 5333.25  N NIFTY SPOT CLOSED AT 5295.55
IF NF SUSTAINS ABOVE 5348 ..
THEN RALLY CAN EXTEND TO 5362 5381 5399 5410
IF NF BEGANS SUSTAINING ABOVE ABOVE 5403 , N CROSSES 5426 ..WITHOUT FALLING 5382 FURTHER SHORTS WILL BE SQUEEZED N THE RALLY CAN EXTEND IN COMING SESSIONS TO 5354 5473 5491 5510
IF NF SUSTAINS BELOW 5329 NF CAN FALL INTO 5313 5295 5277 5258...
IF NF FALL BELOW 5258 N GOES BELOW 5241 WIHOUT CROSSING 5275 THEN THIS FALL CAN EXTEND TO 5222 5204 5186....IN COMING SESSIONSS
FOR NIFTY SPOT TOMM S BREAKOUT POINT WILL BE 5329 ABOVE SHORT COVERING RALLY OF ANOTHER 30 60 POINTS WILL BE SEEN

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