October 21, 2010

Nifty Futures Intraday update

CHART-II
  • NIFTY Futures gets out of the range successfully. First target 6116.
CHART-I
  • Nifty Futures showing a range of 6012 - 6064.
  • Twice it tried to breakout of the range. This one is the third attempt getting resisted here will push NF back into the range.
  • Breakout attempt for the 3rd time may give good direction.
  • RELIANCE INDUSTRIES ANALYSIS

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