Monday, August 22, 2011

Nifty futures daily chart ..preview..

flat to negative opening will be  required tomorrow for sustained up move... if gap up will be there ..then market will have to  retest lower levels...
 Bullish engulfing candle in highly oversold zone after spinning top  confirmed trend reversal...is it pull back / relief rally or it is complete reversal...we will see it but it is there as it was predicted and posted well in advance at  ...http://dhanvarshagrp.blogspot.com/2011/08/dhanvarsha-crucial-nifty-futures-levels_22.html

Relief / pull back rally can not be ruled out from here ...


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