June 20, 2014

NIFTY intraday charts

This is what the 5 min charts look like for the day... note charts are spot and not futures.

It is obvious we have first resistance at 7560.

On 30 min charts, we have support at 7485 and resistance at 7680. If you are short, your SL would be at the very least at 7560.

This is how the hourly charts look like... the support and resistance levels are very clear here.

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