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Nifty Futures Guide technical analysis chart updated on 11th May 2015, Monday.


Nifty futures hourly chart indicates that it is finding strong golden ratio resistance at current levels as well as 100 days moving average resistance, as long as holds below bears will be favored, but once it closes and holds above its resistance then further price rise action can be seen in day trading.
Even Nifty major trend indicator is moving in +ve zone this indicates once Nifty futures closes and holds above its resistance then bulls will take charge. Visit link to know more above Nifty guide in Indian stock markets.

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