NIFTY FUTURES
Nifty futures finding strong resistance at current levels, will favor bulls once it holds above as shown in above intraday chart. Visit link for free equity tips on Indian stock market.
Nifty futures intraday chart updated for 19th May 2015, Tuesday At 2:15 pm.
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.
Nifty Futures technical chart updated for 19th May 2015, Tuesday At 4:00 pm.
NIFTY FUTURES
Nifty futures is on the verge of breaking its head and shoulder pattern in hourly chart, technical indicates further strength can be see in intraday if it holds above its trend line resistance as shown in above image.
Visit link to read article - NSE trading holiday list for year 2015.
If it fails to hold above then can see some intraday correction from its trend line.
Bank nifty futures buy with stop loss golden ratio, intraday chat updated on 18th May 2015, Monday at 3:00 pm.
Bank Nifty futures is trading above its golden ratio resistance and also 200 hours moving average in intraday chart, technical indicates one can use its previous resistance as stop loss and can go long. As long as it holds above bulls will be favored and further strength can be seen in intraday.
Visit link to read article on what is stop loss and why it is important in trading.
Bank nifty will now find next strong resistance at its previous top.
Subscribe to:
Posts (Atom)