October 27, 2010

Nifty Futures Intraday update

  • Nifty Futures breaks below 50 hour moving average.
  • Price remains in the channel and may head towards the lower boundary of the channel. If the bulls need to avoid a sell off they have to get back above 50 hour moving average soon.
  • Above channel redrawn after today's price action.
  • BEARISH CANDLE OF CNX - IT

No comments:

Post a Comment