November 5, 2012

NIFTY Futures selling zone

 
  • Nifty futures struggling to cross the resistance zone between  5743 - 5756
  • Nifty futures recent high was near the golden ratio for 5856 - 5613.
  • Price may fall towards the GAP before moving up again. Bears need to close below the gap for a down move. Bulls need a close above 5756 NF.

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