Today Nifty Future gave a triangular breakout and opened gap-up in line with other markets. It was a very good sign.But couldnot sustain at higher levels and slipped down due to heavy selling pressure and closed inside the triangle. As said yesterday Nifty Future closed below our level of 5270.
By seeing the Nifty Chart (Posted Below) it may be a bulls trap.We have to wait and see,time will tell the truth.
Thursday, February 28, 2008
NIFTY FUTURE for 28/02/2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment