NiftyFuture 5590
Uptrend started from 4706 on 03 Jan12 as per my SAR.
Stop and Reverse SAR 5422.
Trend Reversal down below 5422.
Resistance
5620
5605
Support
5575
5560
HappyTrading
Bulls have been successful in their efforts in keeping the momentum going forward, giving no chance to the bears.On 17nth Feb 12, eod candle formed, being a gap away doji .On Tuesday, Bulls should protect the crucial support 5560, to continue their winning streak towards 5700. Otherwise,If trades & closes below 5560, then the doji will become Evening star a reliable trend reversal pattern,giving a chance for bears to make a trend reversal.
Uptrend started from 4706 on 03 Jan12 as per my SAR.
Stop and Reverse SAR 5422.
Trend Reversal down below 5422.
Resistance
5620
5605
Support
5575
5560
HappyTrading
Bulls have been successful in their efforts in keeping the momentum going forward, giving no chance to the bears.On 17nth Feb 12, eod candle formed, being a gap away doji .On Tuesday, Bulls should protect the crucial support 5560, to continue their winning streak towards 5700. Otherwise,If trades & closes below 5560, then the doji will become Evening star a reliable trend reversal pattern,giving a chance for bears to make a trend reversal.
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