Monday, September 5, 2011

Nifty Future chart September Series :





Perspective
: The markets is trading in a low volume pocket with a clearly defined support and resistance

Back Ground :-

1) Huge gap between 5325 and 5233 which is a single print seller.



Chart Speak :

1) A neutral day in the markets on Friday
2)  Markets moving in the smaller low volume range of the previous move.
3) Defined zones for the movement remain 5085 on the upper side and 4875 on the lower side.

5 comments:

Tarique Anwar said...

any reason you guys can think of this unexpected bounce?

ViCkY said...

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Vtrender said...

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Vtrender said...

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Shai said...

@ Vicky,

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Your welcome kit to Vtrender Live has been sent .