NIFTY FUT 8.10.09

NIFTY 3 DAY 3 MIN :

NIFTY FUT 8.10.09

NIFTY 1 DAY 1 MIN CHART:

NIFTY DAILY CHART 7.10.08

NIFTY DAILY CHART : ON 6TH OCTOBER 2009 SPOT NIFTY HAD TAKEN SUPPORT AT 21 DAY EXPONENTIAL MOVING AVERAGE WHICH IS VERY CRUCIAL LEVEL AT 4921

NIFTY FUT 7.10.09 (B)

NIFTY FUT 5 DAY 5 MIN: NIFTY FUT HAD GIVEN SELL SIGNAL AS RED LINE HAD GIVEN NEGATIVE CROSSOVER BUT ADX WAS WAS SHOWING DOWN WARD MOVEMENT .SO THE TREND WAS NOT VERY STRONG BUT IT HAD GIVEN SELL SIGNAL
AT 5055 AND HAD GONE DOWN TO 4983 WITH IN 40 MINUTES

IF ONE REFER'S TO MY PREVIOUS POST(6.10.09) SAME SIGNAL WAS GIVEN BUT IT WAS BUY AND ADX WAS ALSO VERY STRONG

http://ritesh-researchreports.blogspot.com/2009/10/nifty-fut-61009-b.html

NIFTY FUT 7.10.09 (A)

NIFTY 1 DAY 1 MIN : NIFTY FUT GAVE A BREAK OUT AT 5012 AND WENT UP TO 5037 WITH GOOD VOLUMES , BUT WAS NOT ABLE TO SUSTAIN THE BREAK OUT AND CAME DOWN SHARPLY . NEXT IMPORTANT LEVEL TO WATCH OUT IS 4945

NIFTY FUT 6.10.09 (B)

NIFTY FUT 5 DAY 5MIN :NIFTY FUT OPENED ON A POSITIVE NOTE BUT CAME DOWN SHARPLY AFTER THAT WITH VOLUMES OF AROUND 2400000 NIFTY FUT TRADED IN 5 MIN

BUT IN THE AFTERNOON IT STARTED RECOVERING AND BUY SIGNAL WAS GIVEN IN ADX WHEN IT MADE POSITIVE CROSSOVER AT 4945 AS SHOWN ABOVE WHICH IS VERY GOOD INDICATOR OF TREND REVERSAL

Nifty Fut 6.10.09

NIFTY FUTURES 1 DAY 1 MIN: NIFTY FUT CAME DOWN HEAVILY IN THE MORNING FROM 5010 TO 4957 WITH GOOD VOLUMES .

IT TOOK RESISTANCE AT 4945 (SHOWN WITH ARROW) , ONCE THIS WAS BROKEN IT HAD GIVEN CLEAR BUY SIGNAL.

NIFTY FUT ALSO MADE INVERTED HEAD AND SHOULDER PATTERN WHERE THE NECKLINE WAS AT 4945 AS SHOWN WITH ARROWS

NIFTY FUT 5.10.09

NIFTY FUT 5DAY 5MIN: NIFTY FUT HAS TAKEN SUPPORT AT 5000 WHICH IS A VERY CRUCIAL LEVEL .THE NEXT SUPPORT COMES AT 4985 AND 4975 .