Friday, May 20, 2011

NIFTY NEXT- NIFTY FUT 15 Mins Intraday Chart 20 May 2011 Analysis & Out Look for 23 May 2011


Nifty-Fut opens at 5435.55 on 20 May 2011 and  started its upmove to the level of 5522 and made intraday  low 5429 and closes at 5478.90 with a gain of +08%. It has formed a Long Bullish Candle on 15 Mins Intraday Chart. Major Momentum indicators are now come-out from Bears Grip.As per 15 min Intraday Chart Analysis, Nifty-Future has given a Positive signals for upmove. The major concernis that it didn’t sustain  our higher level of 5515.

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