July 30, 2010

Nifty futures hourly chart update


CLOSER LOOK
  • Nifty futures hour chart is showing support between 5380-5390
  • The hour chart is supported by an important trend line in this zone.
  • The index might get support in this zone. But a break cannot be ruled out as well. If the line breaks that could be the starting of a larger correction. For confirmation one can wait for the break of 5350 in nifty spot.
  • NIFTY DAILY CHART ANALYSIS
By at

3 comments:

  1. raviJuly 30, 2010 at 8:07 PM

    Thank you San. Your timely post has alerted me when i was about to take long positions. Keep up the good work.

    Regards,
    Ravi

    ReplyDelete
  2. SanJuly 30, 2010 at 9:43 PM

    Thank you ravi

    ReplyDelete
  3. Genius EinsteinJuly 31, 2010 at 8:06 PM

    Hey how do you generate these charts?..

    ReplyDelete

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