Thursday, October 21, 2010

Nifty Future - 21-oct-10 -- EOD.

Today from morning nifty future was showing strength, and yesterday night at 10.37 pm posted a comment here, that EuroUSD showing strength.
And Nifty Future was getting Resistance at 6045-6058, and 6082-6097, and these level i mentioned at 9.46 am.
Due to Power problem and Net problem, I could not continue posting during Trading hour from last 4 day's, Hope from tomorrow it will be O.K ..

Now, Tomorrow, Nifty Future should not break the two lines, 6074-6082 ( Two Red Lines), It is a vital support zone, any break out will start another round of fall again, but not expecting as of now..

Up side, Two target i am looking for--
1. 6187 (Green Line).
2. 6235 (Blue Line).

I strongly believe that nifty future will touch the upper blue line at 6235.

Analysis based on Data available as of now.

2 comments:

  1. hi
    can we still expect 6300++ before expiry next week

    ReplyDelete
  2. Hello.. Ankit.

    The daily,weekly,monthly chart is showing a big up move left.
    But only hourly chart showing mix result.
    Let the market play for today.

    Regards
    Siddharth.

    ReplyDelete