July 7, 2010

Nifty futures yesterday's resistance should give support today

UPDATED CHART WITH NEW SUPPORT LINE
HOLDING THAT IS CRUCIAL FOR BULLS
  • Yesterday nifty futures broke above an important trend line at around 5265 and gave good points for the bulls.
  • Now it is testing that line again. So the basic says past resistance should act as support after it breaks above the resistance.
  • If that happens a small rally possible. Holding 5250 in nifty futures is a must.
  • CLICK HERE TO SEE INTRADAY AND 5 DAY LIVE CHART FOR NIFTY
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