NIFTY FUT 3 DAY 3 MIN: THE ABOVE CHART IS A CLASSIC EXAMPLE OF TREND REVERSAL PATTERN IN CANDEL STICKS WHERE THE GREEN CANDLE IS BIGGER THAN RED CANDEL AS SHOWN WITH ARROWS WHICH INDICATES TREND HAS TURNED POSITIVE AT 5052 AFTER WHICH IT MADE HIGH OF 5080 WHERE IT FACED RESISTANCE
NIFTY FUR 5 DAY 5 MIN : NIFTY FUT MOVED IN GOOD CHANNEL AND TOOK SUPPORT AT VARIOUS POINTS (SHOWN WITH ARROW) .IF YOU REFER TO MY PREVIOUS POST OF 5 DAY 5 MIN CHART(30.09.09) IN WHICH I HAVE DRAWN SIMILAR TEND LINE WHICH I HAVE EXTENDED IT IN TODAYS CHART AND AS EXPECTED IT ACTED AS GOOD SUPPORT FOR NIFTY FUThttp://ritesh-researchreports.blogspot.com/2009/09/nifty-fut-300909_30.htmlNIFTY FUT ALSO FOUND IT DIFFICULT TO CROSS 5080, IT WAS ABLE CROSS 5080 ONCE AND MADE HIGH OF 5089 BUT AFTER THAT IT FACED RESISTANCE THREE TIMES AT 5080
Nifty Fut : Nifty fut made double bottom at 5055 (shown with arrow) and gave good bounce from there .Nifty fut moved in trend which was broken at 5071 and came down sharply with good volumes and made a low of 5040 but recovered quickly and reached 5080
NIFTY FUT 5 DAY 5 MIN : NIFTY FUT TOOK RESISTANCE AT VARIOUS POINTS AND MOVED IN GOOD UPWARD CHANNEL .THE NEXT TGT COMES AT 5100
NIFTY FUTURES 1 DAY 1 MIN:
GOLD CHART : THE ABOVE CHART IS SELF EXPLANTORY WHERE IT IS FACING RESISTANCE A 1030 AND HAS GOOD SUPPORT AT 987 . IF 1030 IS TAKEN OUT THEN NEXT TGT COULD BE 1230
GOLD CHART : THE ABOVE CHART IS 10 YEAR GOLD CHART
NIFTY FUTURES 1 DAY 1 MIN : NIFTY FUT WAS IN RANGE BETWEEN 5000 AND 5020
NIFTY FUTURES 5 DAY 5 MIN : NIFTY FUTURES FACED RESISTANCE AT 5010 WHILE MARKETS DID END ON A POSITIVE NOTE BUT VOLUMES WERE VERY LOW