NIFTY FUTURES UPDATES (JAN 12)

Last Friday as expected and written in 
early market hours Nifty Futures made a 
GAP UP OPENING and reached 

our mentioned levels

A GAP DOWN OPEN EXPECTED

Today if sustains above 8297 for 30 minutes,

watch a hike upto 8324 – 42

Suppose if opened and trades

below 8292 for 30 minutes

see a slide upto 8275 and below this level

for 30 minutes it slides more upto 8252

INTRADAY RESISTANCES @ 8325 – 45 – 65

INTRADAY SUPPORTS   @ 8274 – 51

Trade very carefully with the above

mentioned time and levels.

ALL THE VERY BEST

For your remembrance

GAPS below current level:

One @ 8154; second @ 7947;

third @ 7818 and the fourth @ 7612

Above the current level there exists a gap @ 8423

(By the time this post was updated

S&P CNX Nifty Futures was trading @ 8294 )

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