Wednesday 18 July 2012

Short Term Trend of Nifty Futures Reversed to UP in the Mid Session Today.

Nifty Futures opened flat today and initially sold off continuing the short term downtrend from yesterday. But in the mid session it reversed its short term trend to UP when NF pivoted above 5195 and traded above this level......the short term uptrend continued till the end of session. At the end the upmove showed signs of  fatigue and we will have to see what it does tomorrow....

Smart_trade

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