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Wednesday, August 11, 2010

Nifty Future Technical View

Nifty witnessed the correction today and in the end closed near to the levels of 5400 to 5405. The next crucial support zone for nifty future seems to be at the levels of 5350 to 5360. Decisive closing below this support zone may slip it till the levels of 5300 to 5305 in near run.

Technically nifty still looking get back from the current levels, so one may keep long in nifty future until it close below 5350 for the targets of 5500, 5550.



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