NIFTY FUT 1.10.09 (B)

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 FUT

http://ritesh-researchreports.blogspot.com/2009/09/nifty-fut-300909_30.html

NIFTY 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 Futures (A) 25.09.09

NIFTY FUTURES 5 DAY 5 MIN : IN THE ABOVE CHART NIFTY FUT BROKE THE TREND LINE AT 4985 AND MADE LOW OF 4932 . NIFTY FUT IS ALSO MAKING SYMMETRICAL TRIANGLE WHICH CAN GIVE EITHER SIDE BREAK OUT OR BREAK DOWN