Google+ NIFTY INTRA VIEW FOR 08-20-2010 ~ NIFTY DEMYSTIFIED

Friday, August 20, 2010

NIFTY INTRA VIEW FOR 08-20-2010

Everyone should have booked their profits as 55325/35 has been discussed continuously on the every posts for last few days. Trend is up while 5535 is a crucial hurdle. Above pic will help you to clear the picture on the current situation. 5485-5440 is crucial support/buying zone for NF, while above 5535, 5560-5650-5700 is possible on the card. Profit booking around 5535 and waiting for a dip to get in at a lower level is the current strategy as of now. Further move and probability to unfold in coming few sessions.

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