October 5, 2010

Nifty Intraday update

CHART-II
  • NF still in the range. Tried to move above 6220 but got resisted.
  • We may see one more attempt in the afternoon

CHART-I
  • Nifty Futures is showing a range of 6167 - 6246
  • The resistance area between this range is around 6210 - 6220 were lots of selling pressure is happening at the moment.
  • So breakout above this range may give a small rally towards the upside.
By at

2 comments:

  1. manikandan gOctober 5, 2010 at 2:12 PM

    rpower broke out of the range trading ard170 while posting this .holding buy position with profits .thank you

    ReplyDelete
  2. SanOctober 5, 2010 at 2:54 PM

    Thanks manikandan g

    I will do a review of the stock tomorrow morning and post a chart.

    ReplyDelete

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