October 27, 2010

Nifty daily analysis

NIFTY SPOT DAILY CHART
NIFTY FUTURES HOUR CHART
  • Nifty spot daily chart is showing resistance in the form of a resistance line. If the resistance line is not broken soon price has to test the support line before going up.
  • Nifty futures hour chart is situated between a support and resistance line that may give direction today.
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2 comments:

  1. rrknanOctober 27, 2010 at 8:58 AM

    In the 2nd chart can we say there is 200 point rectangle bo bd will get 200 points.

    ReplyDelete
  2. SanOctober 27, 2010 at 9:31 AM

    @rrknan
    That is a possibility.

    ReplyDelete

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