July 14, 2010

Nifty futures daily chart analysis

  • Nifty futures showing break out above recent high. and the high of march.
  • The prices have moved up. But the volume sticks are not above average. they are still below the trend line showed in the indicator window.
  • But price is not showing any weakness. So one can remain long till 5350(nifty spot) breaks on closing basis.
  • NIFTY DAILY AND WEEKLY VIEW

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