- Nifty futures daily chart with trading range which can give clear direction.
- First chart is showing a small triangle like pattern. If a break out or break down happens the ranges has to be broken with good volume.
- On the down side a break of 5367 should give the warning for the bulls it will be confirmed if 5348 breaks.
- On the upside a break of 5457 should be the level for going long. And the bulls will be safer above 5473.
- All levels mentioned are in nifty futures
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 4, 2010
Nifty trading levels for the day
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