October 12, 2010

Nifty Futures Intraday update

CHART - III
  • An hour is yet to close below 6090.
  • But the fact that 6090 is violated should make the bulls worried.
CHART - II
CHART - I
  • Nifty Futures has violated the trend line in hour chart as shown in the first chart.
  • Next chart shows important level at 6091.
  • If 6091 breaks we will move to the lower end of this trading band

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