NIFTY TRENDS

Sunday, March 22, 2009

Nifty Futures Update 23/03/2009






This is a 15 min time frame intraday chart of Nifty futures. As can be seen from chart, it is in a range from 2760 to around 2800 levels. A clear breakout from these levels and if it sustains above this then we can see the next range resistance level which is around 2871. As of now 2760 is acting as a support where a sort of double bottom was formed.

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