- A Double top is possible in Nifty Futures at 6044.
- If NF starts trading below 5934 we can expect big correction.
- But for now i am expecting 5934 level to give support for the index.
Posted by San at 2:22 PM
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- Nifty futures hits 6045 the high made on monday and retraces.
- More upsides are possible only when NF breaks and trades above 6044.
Posted by San at 9:29 AM
NIFTY SPOT CHART
NIFTY FUTURES CHART
- First chart is the nifty spot daily time frame which shows the narrowest of channels. Nifty is moving up steadily without violating the channel.
- Second chart is the 30 minutes time frame of nifty futures which was posted yesterday. This one shows how easy it is to make money in a trending market, provided you are going with the trend not against it.
Posted by San at 6:36 AM
- S&P 500 is trading above 1131 which is the recent breakout zone
- Immediate resistance for the Index is 1150.
- Today There was one attempt to go above 1150 which was met with resistance. Index went up till 1148 and then retraced back and closed at 1140 level.
Posted by San at 1:48 AM
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