Wednesday, July 29, 2009

NIFTY FUTURES

JULY FUTURE :- A COMPULSORY CLOSE ABOVE 4535 IS NEEDED & TOMORROW BULLS WILL REMAIN ACTIVE ONLY IF NIFTY FUTURES TRADES ABOVE 4535. FAILURE TO TRADE ABOVE 4535 WILL TAKE NIFTY FUTURES TO 4489 WHICH HOLDS CRUCIAL. MORE WEAKNESS CAN BE EXPECTED BELOW 4489. IF SUSTAINS ABOVE 4535 THEN ONLY CAN GO UP TO 4558 - 4584. BELOW 4489 SUPPORT PEGGED AT 4450 - 4415. CRACK AT 4415 CAN SEE MORE PAIN FOR THE BULLS & THE TARGET WOULD BE 4354 - 4327

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