As said yesterday Nifty Future resisted at our Target of 3730. Still Negative divergence and raising wedge pattern seen in both EOD data and 5 Min Chart. BEARISH SIGN. Yesterday Nifty future made a Hanging man Pattern. Still probability of upmove is possible because nifty future closed above 3638 (at 3.30 pm). Take positional Short below 3605 or good at 3760 - 3775.Target may be around 3000 – 2800.
Thursday, May 7, 2009
# NIFTY FUTURE for 7/5/2009 updated
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