October 6, 2010

Nifty Intraday update

GAP
  • NF is still within the range of 6167 - 6246.
  • Today NF gave a good gap up mainly due to the U.S markets. Till close yesterday nifty was showing weakness it turned out to be a bear trap. 
  • Now if today's gap starts to fill it will be back to the same selling zone of yesterday. Staying above the gap NF may try to breakout. 

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