NIFTY Futures Trend update

CHART-II

• NF Filled the GAP and got resisted at 50 Hour moving average.
• Staying below 4901 NF will extend this down move.

CHART-I

• If NF closes the gap it means staying above 50 and 200 Hour moving average.
• Hours closing above these levels and above 5072 to invalidate the HNS pattern should help bulls.