May 11, 2011

Nifty Status

On the 60min timeframe,
Nifty future is negotiating the cloud bottom which is resistance, intraday.
PA is between TS and KS, all below cloud, TS above KS.
Its an interesting spot, nifty future is in.
Europe is mixed, Germany on positive trade, UK trailing in red zone, testing 0 line.
Its 2:20 now

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