November 9, 2010

Nifty Futures Intraday update

CHART-II
  • NF gave good up move when it crossed resistance of 6284 and 6300.
  • Further up move will be possible only if nf stays above 6325
CHART-I
  • Nifty Futures 5 minutes chart with resistance levels.
  • The broken support level of 6284 should act as an intraday resistance. 
  • Only an hourly close above 6300 can give strength for the bulls.
  • This area between 6284 - 6300 may act as intraday resistance zone.

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