Technical Outlook Of Indian Market (NIFTY FUT):3-5 days

For Medium Term (3-5 months), target of NF should be near 8150 zone & by FY-15, NF may scale up to 10500 zone; short term strong support is near 7100 zone & below that long term positional support will be near 6350 zone (Neckline of Inverse H&S).

Trading Levels for next 3-5 days:

		Gap Up/Dw	(Indicative)
SGX NIFTY	7423	32
				NF-MAY	LTP	7391
	SL >/< 5 POINTS	FROM SLR
	Intraday Swing	Trader
			T1	T2	T3	SLR
Strong >	7415		7450-7490*	7505-7538	7563-7620	<7395
Weak <	7395		7369-7347*	7322-7294	7275-7250	>7415
FOR	Conservative	Positional	Trader
			T1	T2	T3	SLR
Strong >	7415		7490*	7538	7620	<7395
Weak <	7395		7347*	7294	7250	>7415