NIFTY FUTURE Closed : 6726
Wedneday Nifty Future seen Profit Booking
We have written Strong support & crucial level 6680
Made a low was 6692 then taken U turn & closed 6726
Overall trend is Positive
But higher level Selling pressure & Profit booking will be expected
Don’t short at lower levels & Don’t buying at higher levels
We are not to change the levels
Today also Nifty Future hurdle & crucial 6680 to 6692 level
If stays below the level panic selling expected upto 6650!!!
Suppose if not break 6692………. if stays above 6715
Will check 6740 & 6765 levels……… Thereafter 6800+
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Updated : 08.52am / 02nd May’14