NIFTY TRENDS

Tuesday, April 21, 2009

Nifty as on 21st April 2008





This is the Daily chart of Nifty Futures. As seen from it, Nifty fell due to divergence on cci with price. Now we see that Nifty is near the support. Turbo cci has gone down. We have to see whether it hooks in the next 2 days. If it hooks then market would have taken support and we can see an upmove again.

No comments: