- Good gap up seen in nifty futures.
- The GAP may not be filled fully if bulls are stronger they will be hoping this turns out to be a runaway gap. But a pull back can be used as a buy on dip opportunity.
- For a sustained up move till 5400 and above nifty futures and nifty spot should close around 5300 today.
- The weekly close tomorrow is also important a weekly close above 5300 will be very positive.
- NIFTY INTRADAY AND 5 DAY LIVE CHART
- NIFTY DAILY CHART ANALYSIS
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 8, 2010
Nifty Futures hour chart gets a gap up
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http://stock2gains.blogspot.com/2010/07/high-risky-trade-grasim.html
ReplyDeletehighly risky trade, but worth taking risk as per volumes are concern
thanks
regards