October 2, 2010

Nifty Futures Update after closing bell

  • Nifty futures If continues to trade above 6150 will target 6243.
  • The projection is based on the range from it broke out today morning.
  • The closing was also towards the high of the day and the week so unless something wrong happens with the U.S markets today we should achieve 6243 next week.


  1. Excellent analysis. It is very useful. Great work!

  2. Great! This is aligned with http://www.beststockpatterns.com 's article

  3. Thanks my dear frnd for that simple and lucid analysis....it captures the trend rather than the unnecessary noise of the nature of moment of the markets......only few like ilango, mynac, etc does this....