Yesterday Nifty Future took a good support (4440) at opening and moved up but couldn’t sustain at Higher levels. In the afternoon session it lost all the gains and moved down sharply. If we watch closely the above graph, when the market is moving down open interest is moving up. This clearly symbolizes that market is getting weaker.
Major Resistance at 4428 / 4444 / 4480.
Major supports at 4387 / 4353 / 4343 / 4312 / 4208.
Thursday, September 11, 2008
# NIFTY FUTURE for 11/9/2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment