Wednesday, December 22, 2010

India Futures daily update 22 Dec

Nifty Futures are now a Leverage buy on daily charts. The signal was generated y'day and today again it is confirmed. 
We can be long with stoploss at 5950 levels.

Bank Nifty has become a buy on hourly charts with reduced sell on daily.
Bank Nifty it crosses 11800 levels then its a buy on daily charts.

Will update in detail with charts soon.
Meanwhile US indices have closed at a new high with INDU closing above 11500 levels first time in last 2 years.
Well I said it earlier in the Dow update post.
I feel that the new highs will still be there in US and Europe indices

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