May 21, 2010

NIFTY end of day analysis 5 minutes and hourly chart

NIFTY 5 MINUTES CHART
NIFTY HOUR CHART
  • NIFTY 5 Minutes chart shows the down trending line broken today.
  • We may get up to 4980 if we trade above 4931 tomorrow.
  • The hourly chart shows resistance at 4980. So for any strong up move to happen we have to close above 4931 and 4980.
thank you

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