Tuesday, March 2, 2010

NIFTY FUTURE 02.03.10


NIFTY FUTURE 1 DAY 5 MIN:

BULLISH ENGULFING PATTERN:

NIFTY FUTURE MADE A TREND REVERSAL CANDLESTICK PATTERN WHICH INDICATES A START OF BULLISH UPTREND .

NF MADE BULLISH ENGULF (IN YELLOW) AT 4967 (DAY LOW) WHERE THE LARGE GREEN CANDLE HAS COMPLETELY ECLIPSED THE RED CANDLE

ON SECOND OCCASION(IN BROWN) AT 4993 BULLISH ENGULFING PATTERN HAD CONFIRMED THE UPTREND

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