NIFTY FUTURES
Nifty futures has formed head and shoulder pattern in hourly chart is now on the verge of bullish breakout as show in above nifty graph.
Nifty also finding 200 hours moving average resistance, once if holds above its resistance zone then we can see some further intraday action in Nifty futures. So far its major trend indicator is moving in positive zone this will favor bulls. Click here to read article on what is nifty and what is nifty futures.