Monday, October 26, 2009

NIFTY FUT 26.10.09(C)

NIFTY FUT 5 DAY 10 MIN:

ADX: NIFTY FUT HAD GIVEN BUY SIGNAL AT 5000 WHEN POSITIVE DIRECTIONAL INDICATOR(+DI) GAVE A CROSSOVER

BUT ADX WAS STILL BELOW 20 BUT WAS MOVING UP WHICH INDICATED THE TREND WAS GETTING STRONG

NF REACHED MADE HIGH OF 5042 AFTER THE BUY INDICATION WAS GIVEN

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