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NIFTY 09May2012:Intraday update. Support @ 4951/ resistance@5022 (Crossover above 5022 will be decisive)

NIFTY 09May2012:Intraday update. Support @ 4951/ resistance@5022 (Crossover above 5022 will be decisive)

Nifty spot : currently quoting at 4990. We have already seen first rise from 4959 to 5016 which was of 47 point…

Praveen Kumar 13:52
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NIFTY: 09 May 2012: Nifty has broken 4986. Is it preparing for 4880 to 4850? No recovery can sustain now.

NIFTY: 09 May 2012: Nifty has broken 4986. Is it preparing for 4880 to 4850? No recovery can sustain now.

I have already suggested to short Nifty again from higher levels but I was not expecting that it will fail to c…

Praveen Kumar 09:03
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NIFTY MAY FUTURE: Intraday update based on 5 min chart

NIFTY MAY FUTURE: Intraday update based on 5 min chart

NIFTY MAY FUTURE :  If 50% of rise took out on very next day then it means that market undertone is weak. Sustai…

Praveen Kumar 13:49
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NIFTY: 08 May 2012: Nifty rebound will face stiff resistance @ 5171. If rise comes then session will be choppy.

NIFTY: 08 May 2012: Nifty rebound will face stiff resistance @ 5171. If rise comes then session will be choppy.

It was an expected rebound from the zone of 4980 to 5000 levels but it was really much sharper than my expect…

Praveen Kumar 08:15
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