Tuesday, November 17, 2009

NIFTY FUT 17.11.09 (A)


NIFTY 5 DAY 5MIN:

RISING WEDGE: NIFTY FUT HAD MADE RISING WEDGE WHICH WAS BROKEN YESTERDAY AT AROUND 5061 AND TODAY IT OPENED ON NEGATIVE NOTE

NF MADE A LOW OF 5006 TODAY

DOUBLE BOTTOM: NF MADE DOUBLE BOTTOM AT 5008 (PURPLE ARROWS) AND GAVE GOOD BOUNCE WITH GOOD VOLUMES AND MADE HIGH OF 5070 FINALLY ENDING THE DAY AT 5055.

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