Wednesday, May 4, 2011

Nifty Next- Nifty Fut 5 Mins Technical Charts Analysis 04 May 2011


Nifty-Fut today (04 May 2011) ended at 5536 with a fall of -0.50% with formation of  Dozi  on 5 Mins Technical Chart. RSI-14 is hovering at 46.57. All Major Momentum Indicators are still in Bearish zone. Nifty-Future has strong support at 5505, trading below will drag the Nifty-Futures to 5453 levels.If nifty-Fut trades above 5558 will mark bullishness on 05 May 2011. 

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1 comment:

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    ReplyDelete

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