Re: NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 29th JUNE TO 3rd JULY 2009
NIFTY FUTURES HAS CLOSED AT 4384
NIFTY FUTURES WILL FACE STRONG RESISTANCE AT 4408 4420 BAND.
FOR ANY FURTHER UPTREND FOR THE REST OF THE WEEK A CLOSE ABOVE THE 4408 4420 BAND IS VERY NECESSARY.
SUSTAINING ABOVE 4408 4420 WILL TAKE NIFTY FUTURES TO 4449 4477 4507 4335.
4535 IS THE MAXIMUM FOR THE COMING WEEK & A REVERSAL IS EXPECTED FROM THIS RANGE OF 4535.
4368 HAPPENS TO BE THE FIRST CRUCIAL LEVEL FOR THE BULLS.
UNABLE TO SUSTAIN & CLOSE ABOVE 4368 WILL BE THE FIRST SIGN OF WEAKNESS.
BREACH OF 4368 WILL TAKE NIFTY FUTURES TO 4332 4300
1st BOUNCE BACK REGION IS PLACED AT 4300.
IF 4300 IS BROKEN THEN FURTHER FALL UP TO 4276 4248 NOT RULED OUT.
2nd BOUNCE BACK REGION IS PLACED AT 4248 AND HITTING BACK HARD FROM 4248 IS A MUST.
CRACK AT 4248 THEN A FALL UP TO 4204 4160 IS EXPECTED ON CARDS.
SINCE 4160 IS THE WEEKLY LOW IT HAPPENS TO STAND CRUCIAL AND IN CASE OF ANY CORRECTION IT SHOULDNT BE BREACHED.
IF THE WEEKLY LOW OF 4160 IS TAKEN OFF THEN NIFTY FUTURES MAY MAKE NEW LOW AT 4124 4088.
4088 IS THE LAST BOUNCE BACK REGION FOR THE WEEK.
HAVE A NICE TRADING SESSION FOR THE WEEK.
GANPATI BAPPA MORYA
HARI OM
REGARDS,
NISHIKANT K. HADGE
DEAR Mr KLSMANI :thumb:
""""KINDLY READ THE POST GIVEN ABOVE. THE SAME POST WILL LET YOU KNOW THE TREND OF NIFTY FUTURES FOR THE COMING WEEK""""
TAKE CARE DEAR.
GANPATI BAPPA MORYA
HARI OM
REGARDS,
NISHIKANT K. HADGE
HARI OM
:thumb:
NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 29th JUNE TO 3rd JULY 2009
NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 29th JUNE TO 3rd JULY 2009
NIFTY FUTURES HAS CLOSED AT 4384
UPWARD VIEW OF NIFTY FUTURES
NIFTY FUTURES WILL FACE STRONG RESISTANCE AT 4408 4420 BAND.
FOR ANY FURTHER UPTREND FOR THE REST OF THE WEEK A CLOSE ABOVE THE 4408 4420 BAND IS VERY NECESSARY.
SUSTAINING ABOVE 4408 4420 WILL TAKE NIFTY FUTURES TO 4449 4477 4507 4335.
4535 IS THE MAXIMUM FOR THE COMING WEEK & A REVERSAL IS EXPECTED FROM THIS RANGE OF 4535.
DOWNWARD VIEW OF NIFTY FUTURES
4368 HAPPENS TO BE THE FIRST CRUCIAL LEVEL FOR THE BULLS.
UNABLE TO SUSTAIN & CLOSE ABOVE 4368 WILL BE THE FIRST SIGN OF WEAKNESS.
BREACH OF 4368 WILL TAKE NIFTY FUTURES TO 4332 4300
1st BOUNCE BACK REGION IS PLACED AT 4300.
IF 4300 IS BROKEN THEN FURTHER FALL UP TO 4276 4248 NOT RULED OUT.
2nd BOUNCE BACK REGION IS PLACED AT 4248 AND HITTING BACK HARD FROM 4248 IS A MUST.
CRACK AT 4248 THEN A FALL UP TO 4204 4160 IS EXPECTED ON CARDS.
SINCE 4160 IS THE WEEKLY LOW IT HAPPENS TO STAND CRUCIAL AND IN CASE OF ANY CORRECTION IT SHOULDNT BE BREACHED.
IF THE WEEKLY LOW OF 4160 IS TAKEN OFF THEN NIFTY FUTURES MAY MAKE NEW LOW AT 4124 4088.
4088 IS THE LAST BOUNCE BACK REGION FOR THE WEEK.
HAVE A NICE TRADING SESSION FOR THE WEEK.
GANPATI BAPPA MORYA
HARI OM
REGARDS,
NISHIKANT K. HADGE
DEAR Mr KLSMANI :thumb:
""""KINDLY READ THE POST GIVEN ABOVE. THE SAME POST WILL LET YOU KNOW THE TREND OF NIFTY FUTURES FOR THE COMING WEEK""""
TAKE CARE DEAR.
GANPATI BAPPA MORYA
HARI OM
REGARDS,
NISHIKANT K. HADGE