September 5, 2011

Nifty Futures intraday Update

  • Price is forming a broadening wedge pattern in hour time frame
  • Up moves from here if happens will be resisted by the top line of the wedge.
  • This fall may stop at 50 Hour moving average. There is a support near 4927 levels too.
  • RELIANCE INDUSTRIES ANALYSIS
By at

5 comments:

  1. SimSeptember 5, 2011 at 10:22 AM

    Thanks.

    Sim

    http://mcx-advisory.blogspot.com

    ReplyDelete
  2. FireSeptember 5, 2011 at 10:26 AM

    @San,

    Thanks a lot for these excellent charts. Your tireless effort day-in and day-out has taught me a lot. Thanks for everything.

    Happy Teacher's Day.

    ReplyDelete
  3. SanSeptember 5, 2011 at 10:30 AM

    @FIRE
    I have seen your charts. If you do what i am doing you will do a far better job.

    Thanks for your words.

    ReplyDelete
  4. samvrudhiSeptember 5, 2011 at 3:30 PM

    sir, excellent guidance for (ours) traders
    thaQ very much...

    ReplyDelete
  5. SanSeptember 5, 2011 at 5:59 PM

    @samvrudhi
    Thanks

    ReplyDelete

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