October 28, 2010

Nifty Futures Intraday update

  • Nifty Fib levels showing the resistance at 23.6%
  • 2nd chart shows a range of 6000 - 6042
  • 6042 is near the 23.6% fib level area. So if nifty futures breaks above 6042 it can move till the next area of 38.6% level.
  • Remaining in the range breaking the bottom level can extend this correction.

No comments:

Post a Comment