Wednesday, October 27, 2010

Nifty future-- 27-oct-10 update

Nifty future will confuse in this 6102-6220 zone. Any break of 6056 with strong volume and stay for a hour can give strength for down side momentum.
Up side targets are 6187-6194-6220-6235-6247.
Any Strong break of 6247 with volume and momentum can set up side target of 6363.
And open interest should also support this kind of up side movements, other wise we can stay in confusing zone.

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