In the above Nifty Future 5 Min chart, The raising wedge pattern seen.Be carefull on every raise.The maximum upmove may be around 4710 / 4755.Yesterday it was a verygood day.Today mixed clues from world markets.US market was down by 0.9% , asian markets was trading flat.We may open in 4600 range and slowly move up.
Intraday :
BUY above 4610 with a SL of 4600 Target 4710 / 4755.
SELL below 4600 with a SL of 4610 Target 4575 / 4525.
If Nifty Future closes below 4570 today then wind up all your long positions.
Wednesday, June 18, 2008
# NIFTY FUTURE for 18/6/2008
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