NIFTY FUTURES
Nifty futures intraday chart indicates that it is witnessing selling pressure from 50 hours moving average and strong trend line resistance zone.
So as long as it holds below bears will be favored and further weakness can be seen in nifty futures.
But once it closes and holds above bulls will be favored and further intraday bullish action can be seen.
So far its trend indicators like MACD and stochastic oscillator are moving in positive zone.
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Sensitive Index
S&P BSE Sensex
BSE Sensex Index