Nifty future selling may continue up to 4348 level for time being. Resistance at 4383 and 4404 levels. Above these levels, expect short covering up to 4461 and 4515. Sell if touches 4676 with stop loss at 4730. On Negative Side, break below 4292 may lead to panic selling up to 4237. If breaks and sustains below this then downtrend may continue and have caution.

August 14, 2009
Nifty future rally may continue up to 4634 level for time being. Support at 4587 and 4601 levels. Below these levels, expect profit booking up to 4545 and 4505. Buy if touches 4384 with stop loss at 4344. On Positive Side, cross above 4676 expect pull back up to 4716. If crosses and sustains above this zone then uptrend may continue.

August 13, 2009
Nifty future above 4484 level, expect short covering up to 4501 and 4532. Support at 4433 and 4450 levels. Below these levels, selling may continue up to 4385 and 4339. Below 4324 expect panic selling up to 4278. On Positive Side, cross above 4547 expect 4578.

August 12, 2009Nifty future below 4447 level, expect profit booking up to 4401 and 4357. Resistance at 4474 level. Above this level, buying may continue up to 4483 and 4496. Multiple Resistance Zones at 4527and 4542. Sell around these levels with stop loss at 4585. On Negative Side, break below 4342 may lead to panic up to 4298.

August 11, 2008
Nifty future selling may continue up to 4376. Resistance at 4438. Above this, expect short covering up to 4500 and 4560. Sell if touches 4620 with stop loss at 4680. On Negative Side, break below 4316 may lead to panic selling up to 4256. If breaks and sustains below this zone then downtrend may continue.

August 10, 2009
Nifty future above 4504 level, expect short covering up to 4550 and 4593. Support at 4471 level. Below this level, selling may continue up to 4453. Below 4410 expect panic selling up to 4366. On Positive Side, cross above 4636 expect pull back up to 4680. Selling expected around this level and have caution.

August 7, 2009Nifty future selling may continue up to 4540. Resistance at 4588 and 4606 levels. Above these levels, expect short covering up to 4675 and thereafter expect a jump up to 4742. Sell if touches 4807 with stop loss at 4873. On Negative Side, break below 4473 may lead to panic selling up to 4406. If breaks and sustains below this level then downtrend may continue.

August 6, 2009Nifty future below 4687 level, expect profit booking up to 4648 and 4623. Resistance at 4715 and 4732 levels. Above these levels, rally may continue up to 4746 and 4771. Sell if touches 4782 with stop loss at 4806. On Negative Side, break below 4610 expect panic selling up to 4585. If breaks and sustains below this level then downtrend may continue.

August 5, 2009
Nifty future above 4705 level, expect short covering up to 4737 and 4757. Support at 4665 and 4669 levels. Below these levels, selling may continue up to 4653 and 4633. Below 4623 expect panic up to 4603. On Positive Side, cross above 4767 expect rally up to 4787. Selling expected around this level and have caution.

July 3, 2009
Nifty future rally may continue up to 4667. Support at 4622 and 4626 levels. Below these levels, expect profit booking up to 4585 and 4550. Buy if touches 4514 with stop loss at 4479. On Positive Side, cross above 4703 expect pull back up to 4738. If crosses and sustains above this zone then uptrend may continue.