Tuesday, February 2, 2010

NIFTY FUTURE 02.02.10 (B)


NIFTY FUTURE 5 DAY 15 MIN

RETURN OF ADX:

ADX: NIFTY FUT HAD GIVEN SELL SIGNAL AT 4886 WHEN NEGATIVE INDICATOR(-DI) GAVE A CROSSOVER AFTER WHICH NF CLOSED AT 4818

ADX WAS BELOW 20 AT THE TIME OF CROSSOVER BUT WAS TRENDING UPWARDS AS THE PACE OF SELLING GATHERED MOMENTUM .

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