Time To Stick My Neck Out "Nifty 5000"

[uasish]

Till now 4237 giving Res in Nifty Fut

 

[uasish]

So now next milestone is 4266.60 ,& 4237 has become Supp.

 

[uasish]

Nifty Fut still hovering around Support Zone.

 

[uasish]

RIL now below Pivot & Nifty Fut below 1st Res.

 

[uasish]

RIL closed above pivot ,Nifty Fut above 1st Res.

 

[uasish]

Nifty Fut june:for 21st June'07

Res: 4320.70 / 4279.10 / 4265.45
Supp: 4212.05 / 4170.90

 

[uasish]

1)My subjective view that Nifty Fut will surpass it's earlier High,now let us see how much is the downside ,before Expiry ,or can it sustain Bad international Indexes cue.Have to decide later about the level's.
2)IT will initiate that future Upward Rally.

To-day watch CNX IT if it sustains 5157 / 5149 ,then safe.
Watch TCS to-day . INFY has been sustaining the onslaught.

 

[uasish]

Both CNX IT & TCS has broken Supp Infy surviving.Nifty Fut succumbing to bad international cue ,till now.Let see how things pan out.

 

[uasish]

Now Infy also breaking support.

 

[uasish]

Will this slide continue upto expiry or not.