Above is the Daily chart of Nifty Futures. Today nifty moved up showing bullishness in price pattern, but volumes are not surging in this good up move. So going for keeping strict stoploss for swing longs.
Above is the Hourly chart of Nifty Futures. Today it stopped exactly at the second Resistance level.
On the higher side Nifty may take minor resistance at 4140 levels as it is the Gap opening level, after that it may go up to 4200/20 levels. Above which it can go up to 4280 levels.
On the lower side yesterday's gap levels of 4025-3990 may give good support for today.
3 comments:
did nto post tick data for 14th july :)
which charting software u use?
@kurichh,
Sorry, the title date was wrong, but the data was there, download from here. Thanks for pointing.
@rr,
I use Amibroker
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