November 30, 2010

Nifty Futures intraday update

CHART-II
  • The broken resistance level of 5855 - 5870 is acting as support now.
  • Bulls are safe as long as NF does not go below 5855
CHART-I
  • Nifty Futures should trade above the resistance band of 5855 - 5870.
  • Price should sustain above the black trend line for this up move to continue.
  • Dip below 5855 will be negative.

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