Friday, June 21, 2013

Nifty Fut Mid Session


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  • Nifty Fut firstly can inch towards Yellow line area 5685 and can face some resistance in the area below and above it.

 

  • If taken our that area of hourly candles then 38 % retracement can be expected. From there one can expect some fall. At present the 38 % is at 5713. This 38 % can be done today or Monday.

 

  • 21 Hrly EMA is also placed near 5717 at present.


For Further Reading,
Nifty Levels/View, Nifty Technical Analysis, Nifty Technicals

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