
As said yesterday Still confirmation hasn’t come. Hanging man and yesterday bearish Engulf Pattern seen. If today’s close is below **** we can build positional shorts. But the two patterns formed itself, gives confirmation that Nifty Future is very weak.
Oil makes single-day price jump ( 15 % ) ever to $120.
Major Resistance at 4346 / 4389 / 4420 / 4454.
Major supports at **** / **** / **** / 4008.
Tuesday, September 23, 2008
# NIFTY FUTURE for 23/9/2008
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