July 8, 2010

Nifty Futures hour chart gets a gap up

  • Good gap up seen in nifty futures.
  • The GAP may not be filled fully if bulls are stronger they will be hoping this turns out to be a runaway gap. But a pull back can be used as a buy on dip opportunity.
  • For a sustained up move till 5400 and above nifty futures and nifty spot should close around 5300 today.
  • The weekly close tomorrow is also important a weekly close above 5300 will be very positive.
  • NIFTY INTRADAY AND 5 DAY LIVE CHART
  • NIFTY DAILY CHART ANALYSIS

1 comment:

  1. http://stock2gains.blogspot.com/2010/07/high-risky-trade-grasim.html
    highly risky trade, but worth taking risk as per volumes are concern
    thanks
    regards

    ReplyDelete