Update for 26th April 2011

    Nifty Future Reverses from the 5925 - 5950 Resistance ?     

• This edition of Momentum Signal post is limited to an update of the trading system and the usual charts as the author is still not tracking the market full time due to some exigencies.

  Nifty Futures - Intra-day Chart

Nifty Futures  - Daily Chart 

Update for 25th April 2011

   Nifty Futures Test the 5925 - 5950 Resistance, But ?     

• As expected,  Nifty futures tested the 5925 -5950 resistance area on the last trading day. Though Nifty futures traded in the positive territory on Thursday, trading was mostly sideways and in a range bound manner for the whole trading day.
• Therefore, the result of the test was remained unknown even at the close of trading on Thursday.

  Nifty Futures - Intra-day Chart

Nifty Futures  - Daily Chart