Friday, March 25, 2011

Nifty futures chart with analysis

dhanvarshagrp (3/25/2011 8:59:00 AM): to breach levels by gap up or down is not a healthy sign...but move is move and is sufficient to increase pain ...
dhanvarshagrp (3/25/2011 9:10:17 AM): nifty spot set to open at 5588.65... 1 % up frm last close
dhanvarshagrp (3/25/2011 9:11:08 AM): this high open will attract heavy sell off
but no sell off or profit booking came and  short covering lead indices to next 100 points ...
and red trendline was  not a real one but nifty followed  real one yellow trendline