October 22, 2010

Nifty futures update by the silent viewer

CHART-II
  • Nifty Futures range shown in 5 minutes chart.
  • Breakout on the upside will continue the up move from the falling wedge. Down side breakout cannot be ruled out as well.
CHART-I (BY THE SILENT VIEWER)
  • Nifty futures shown here in a possible sideways channel.
  • Breakout above will happen if NF trades above 6150.
  • This chart was sent by a silent viewer of just nifty 
By at

3 comments:

  1. ramsfmOctober 22, 2010 at 9:55 AM

    Dear San,

    Again i am one of the silent follower to JUSTNIFTY and Your Great CHART BLOG.

    Would you please look on HDIL and let me know where it is and heading to where.. Looks like it is consolidating with in 260 to 280 band from last 2 months

    Thanks,
    Ramesh,

    ReplyDelete
  2. KRGOctober 22, 2010 at 10:41 AM

    Looks like a triangle set up ready for break-out on the upside.. after one more wave down to say half or three fourths of the range...

    ReplyDelete
  3. SanOctober 22, 2010 at 12:00 PM

    @ramsfm
    Thank you
    I will look at HDIL chart.

    ReplyDelete

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