September 6, 2010

Nifty futures hour chart

CHART - III
  • Time to book some profit. Or trail it if you want greater profits. 
  • The GAP is still intact in hour chart.
CHART - II
  • Nifty futures has gone above 5500 as discussed below.
  • Now NF has created a gap in hour chart. We have to see if it is a runaway gap or it gets filled today.
  • Those who are holding long position should keep 5508 as stop loss.
CHART - I
  • Nifty futures hour chart gave this pattern on Friday.
  • This pattern in hour chart should take NF well above 5500.

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