Friday, March 4, 2011

India futures change in color

Nifty daily color is now Buy after today's open. If the index closes above the 5600 it will be considered bullish sign and the weekly color will change to Sell mode from Lev Sell mode.

The hourly charts have been in buy mode from 5410 levels and Bank Nifty from 10700 levels.

Today we have got the bullish confirmation in Daily charts. Attached are hourly charts.


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